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SIBUR signs agreement with Kemerovo oblast Administration

June 30/2010

KEMEROVO (SIBUR) -- Kemerovo oblast governor Aman Tuleev and SIBUR President Dmitriy Konov inked the agreement about social-economic collaboration in 2010.

 

According to the document, SIBUR is going to continue the realization of complex Kemerovo Azot environment purification program. The Company plans to invest over 500 mln. roubles for these purposes. In particular, the development of new methods of manufacturing water disinfection, silos reclamation, siftings removal and sterilization, additional ecological monitoring and staff training.

 

Besides that, the Company will actively improve industrial security and labour protection system, investing over 600 mln. roubles in terms of Azot work. The agreement also means SIBURs help to provide local farmers with mineral fertilizers on preferential terms.

 

mrcplast.com

SIBUR signs agreement with Kemerovo oblast Administration

MRC Reference

Sibur Holding is the largest Russian petrochemical group.

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

 

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