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K2010: Sibur Confirms Cracker Plans; JV with Dow Delayed

7:41 AM MDT | October 27, 2010 | Natasha Alperowicz in Duesseldorf

Sibur (Moscow), Russia's largest petrochemicals player, has outlined it's medium-term investment plans. Dmitri Konov, CEO, speaking today to the press by satellite connection during the K plastics exhibition, currently taking place in Düsseldorf, said that he sees the competitiveness of Sibur's assets improving after the planned construction of a 1-million m.t./year steam cracker at Tobolsk, Russia in 2015. Responding to a question from CW, he also spoke about a previously announced joint venture with Dow Chemical in the European part of Russia and Sibur's...

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