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Sibur to Present Polymer and Rubber Products at Chinaplas 2011 in China

Published on 2011-05-17. Author : SpecialChem

Moscow -- At the largest exhibition of Asian petrochemical products - Chinaplas (Guangzhou, China) - SIBUR shall present its polymer and rubber products, as well as investment projects, the export markets for which will include China and other countries in the Asian region.

This exhibition will involve SIBUR Vice-President for Planning, Logistics and Sales Support Oleg Makarov, Vice-President and Head of the Synthetic Rubbers Directorate Andrei Zhvakin, Vice-President and Head of the Plastics and Organic Synthesis Directorate Sergei Merzlyakov, and the Head of the Base Polymers Directorate Sergey Komyshan.

Last Year, the share of SIBUR sales accounted for by the Chinese market amounts to more than 14%. The company sells a diversified line of products to the Chinese market, primarily polyethylene, nitrile rubber and butyl rubber.

Polyethylene is used in packaging, thermal insulation, packing containers, medical and other equipment. In terms of SIBUR polyethylene exports last year, the share delivered to China accounted for about 76% of the company's production. Nitrile rubber is used in the manufacture of industrial rubber products that are intended for use in aggressive environments: conveyor belts, wire and cable products for industrial enterprises, components for the automotive industry, as well as adhesives and sealants. SIBUR is one of the largest importers of nitrile rubber on the Chinese market with a share of approximately 20%. Butyl rubber is used in the tyre industry for the production of inner tubes and diaphragms, as well as in the manufacture of medical and other rubber products. SIBUR's share of the Chinese market in terms of butyl rubber sales amounts to 15%.

Last year, the total volume of SIBUR's sales in the Asia region amounted to over 934 mln euros, of which a major part of these sales can be attributed to China.

In addition, the exhibition will also present such products as polyethylene terephthalate, polycarbonates, PVC and ABS resin, in addition to various kinds of synthetic rubbers. For participants in the Chinaplas 2011 exhibition, the company has prepared the presentation "Tobolsk-Polymer" - one of the world's largest polypropylene production complexes, which is scheduled for launch in early 2013.

Partnership with SIBUR offers Chinese consumers numerous advantages, owing to the fact that the company has its own trader operating in Shanghai. The fee for the delivery of polyethylene and natural rubber are already being calculated in yuan.

About SIBUR

SIBUR is the leader of petrochemistry in Russia and Eastern Europe. The Company operates across the entire petrochemical process chain from gas processing to the production of monomers and plastics, mineral fertilizers, tyres and industrial rubber items, as well as the processing of plastics.

SIBUR produces over 2000 different brands of products. The Company processes more than half of APG and produces 22% of propylene, 19% of polypropylene, 16% of polyethylene, from 30 to 49% of different rubbers, 34% of tires, 16% of nitrogen fertilizers, and considerable part of other petrochemical products in Russian market.

SIBUR incorporates plants that employ over 50,000 people in 26 regions of Russia. The Company is managed along product-division lines: it incorporates Hydrocarbon Feedstock Division, Synthetic Rubbers Division, Plastics and Organic Synthesis Products Division, and two subsidiaries - SIBUR- Fertilizers and SIBUR-Russian Tyres.

Over recent years, the company has consistently delivered healthy financial and operational results. In 2010, SIBUR Group plants produced 16,5 million tons of petrochemicals and 15,3 billion cu m of dry stripped gas.

Source: SIBUR


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