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People & Business :: M&A

Sibur sells Oka-Polymer industrial park to Tosol-Sintez

6:07 AM MST | January 31, 2014 | Natasha Alperowicz

Sibur says it has closed the sale of its 100% stake in Oka-Polymer industrial park located at Dzerzhinsk, Russia, to Tosol-Sintez, a resident of the park, as part of Sibur’s strategy to divest noncore businesses. The park was launched in June 2012 as a service company to develop the production site of the former caprolactam plant at Dzerzhinsk. The park covers an area of 300 hectares, offering its tenants over 500,000 sq meter of existing facilities to lease or purchase. The park’s benefits include advantageous geographical...

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