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Sibur to build one of the biggest industrial complexes in Russia

May 27/2010

UST-LUGA (SIBUR) -- Construction work has been started in the territory of Ust-Luga merchant seaport under the construction project of liquefied petroleum gas (LPG) transshipment complex. 


The new export terminal will be the largest Russian LPG transshipment terminal. Its favorable geographic position will enable SIBUR to transport its products to previously inaccessible markets of North-West Europe. 


Execution of numerous projects for substantial increase of associated petroleum gas processing volumes in Russia leads to increase in volumes of liquefied petroleum gases (LPG) and stable natural gasoline (SNG) produced therefrom. SIBUR's strategic benchmark is reprocessing of this gas chemical feedstock in the territory of Russia to final HPV polymers: polypropylene, polyvinyl chloride, polyethylene, and polystyrene. To this effect, the Company is executing large-scale projects for construction of appropriate petrochemical complexes in Tyumen Oblast, Nizhniy Novgorod Oblast, and other regions.

Sibur to build one of the biggest industrial complexes in Russia

MRC Reference

Sibur Holding is the largest Russian petrochemical group.


 Gazprombank (70% minus 1 share);
 Gazfond (25% plus 1 share);
 5% reserved for option program.


The share in the Russian market in 2008:

 polyethylene - 11.1%;

 polypropylene - 16% (including PP-random - 11.2%);
 ABS - 5.2%;
 PVC - 8.1%.


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