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Sibur to Sign Project Financing Agreements for RusVinyl

4:01 AM MDT | June 15, 2011 | Natasha Alperowicz

Sibur says project financing agreements for RusVinyl, a joint venture between Sibur and SolVin, are expected to be signed on June 17th in St. Petersburg. RusVinyl is building an integrated 330,000-m.t./year polyvinyl chloride (PVC) plant at Kstovo, Nizhnii Novgorod region, Russia. The complex with an estimated investment cost of more than €800 million, is scheduled for completion in 2013.   The bank syndicate providing the financing includes Sberbank (Moscow), European Bank for Reconstruction and Development (EBRD; London), BNP Paribas, ING Bank NV, and...

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