MOSCOW (MRC) - SIBUR's main shareholder Leonid Mikhelson has reduced the shareholding in companies to 42.23% from 48.5%, the company said in a statement.
Thus, since March 16, SOGAZ acquired a 6.25% stake in Trust 3. Trust 3 is 100% owned by businessman Leonid Mikhelson. Thus, the effective share of SIBUR owned by Leonid Mikhelson dropped to 42.23%.
L. Mikhelson remains the main shareholder of the company and will continue to head its board of directors, "the message says.
As for the rest, the structure of SIBUR shareholders has not changed. Gennady Timchenko owns 17%, Kirill Shamalov - 3.9% of the company's shares. 10% each are at the disposal of Sinopec and the Silk Road Fund, 10.6% of the shares are controlled by the current and former management of the company.
The share of Mikhelson in the authorized capital of SIBUR also decreased - to 27.83% from 34.08%, follows from the materials of the company. The share of Sogaz in the authorized capital of the petrochemical company is now 6.25%.
Earlier it was reported that the revenue of PJSC "SIBUR Holding" decreased by 1.6% last year and amounted to 523 billion rubles. At the same time, SIBUR increased EBITDA to 179 billion rubles, which is 5.4% more than in 2019.
Earlier it was noted that in December last year SIBUR Holding chose Spheripol LyondellBasell polyolefin technology for its Amur Gas Chemical Complex (AGHK) under construction. The technological process will be used at a polypropylene plant with a capacity of 400 thousand tons per year, which will be built in the town of Svobodny, Amur Region.
According to MRC's ScanPlast, the total PP production in Russia increased by 31% in 2020 compared to the same indicator in 2019 and amounted to about 1,883 thousand tonnes. The main increase in production volumes was provided by ZapSibNeftekhim.
SIBUR is the largest vertically integrated gas processing and petrochemical company in Russia, uniting a number of production sites in various regions of the Russian Federation. The company sells products to consumers in the fuel and energy complex, automotive, construction, consumer goods, chemical and other industries in more than 80 countries around the world.
MRC