News

SIBUR's POLIEF site in Blagoveshchensk, Republic of Bashkortostan, launches the production of green PET granules, which, among other materials, will rely on some 34 kt of recycled plastics annually. PET flakes derived from used food packaging will serve as an input for primary polymers.

A construction site in the Amur Region saw the sinking of the first test pile in the foundation of Amur Gas Chemical Complex, a facility set to become one of the world’s largest and most advanced basic polymer producers. The official ceremony was held online and was attended via video conference by Mikhail Mishustin, Prime Minister of the Russian Federation, relevant Ministers, Vasily Orlov, Governor of the Amur Region, Dmitry Konov, Chairman of the Management Board at SIBUR Holding, and other representatives of government authorities, the Company and its partners.

PJSC SIBUR Holding, the largest integrated petrochemicals company in Russia, today publishes its operational and financial results for the three and six months ended 30 June 2020 in accordance with International Financial Reporting Standards (IFRS).

SIBUR Holding, Russia’s largest integrated petrochemicals company, announces it has raised USD 500 m following the offering of 5-year Eurobonds on the Irish Stock Exchange. The coupon rate is 2.95%, which is  a record low for Russian corporate issuers. The coupon will be paid twice a year. The Eurobond proceeds will be used to optimise the Company’s loan portfolio and for general corporate purposes.