Markets :: Plastics :: Synthetic rubber
Sinopec to acquire stake in Sibur's synthetic rubbers plant in Russia
3:46 PM MDT | October 31, 2012 | Sotirios Frantzanas
Sinopec has reached an agreement to purchase a 25% stake plus 1 share of Sibur's Krasnoyarsk Synthetic Rubbers Plant (KSRP) located in the Krasnoyarsk region, Russia. The agreement that was signed in presence of Sibur's CEO Dmitry Konov and Wang Tianpu, president of China Petroleum and Chemical Corporation, is subject to approval from Russian and Chinese regulatory authorities. The two companies have pr eviously signed a cooperation agreement to create a joint venture (JV) to produce nitrile rubbers (NBR) on the base of KSRP. The shareholders will also...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee