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MOSCOW (MRC) -- SIBUR, a leading
Russian gas processing and petrochemicals company, and the German chemicals
giant BASF signed a Long-Term Cooperation Memorandum to supply additives used
for polymer production and processing at SIBUR’s production facilities.The
agreement was signed by Oleg Makarov, SIBUR’s Managing Director, and Sergey
Andreev, Head of BASF in Russia and CIS, informs SIBUR.
The deal provides for supplies of additives used to produce
polypropylene, polyethylene, synthetic rubbers, thermoplastic elastomers (TPE),
and ABS plastics at SIBUR's production facilities, with BASF ensuring also
technical support. Additives help to protect polymers from harmful temperature,
mechanical or light exposure.
“SIBUR is continuously working to improve the quality of its products to
better serve its customers’ needs. We are happy to have signed the cooperation
agreement with BASF, a recognised global leader in production of additives for
polymers,” Oleg Makarov said. “Its wealth of experience and technical expertise
in this segment will contribute to further quality improvements of SIBUR’s
products.”
“As part of its new strategy in the Russian and CIS markets, BASF is keen
to step up its presence in the region including through joint projects with its
customers. We have a long-standing partnership with SIBUR and hope that our
cutting-edge products and solutions will contribute to our Russian partner’s
further success in building up the range of its branded products,” Sergey
Andreev said.
To maintain their positions in the market, SIBUR and BASF look to develop
new, advanced materials; in particular, they plan to collaborate in projects
with a view to improving properties of elastomers and thermoplastic elastomers.
Additionally, there is a project in progress for SIBUR’s production of a new
polypropylene product for nonwoven fabrics. Potential use of customer specific
blends by BASF, which boost production efficiency and consistency of product
quality, is under discussion.
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