Sibur to invest nearly 4 billion roubles to modernize Tomskneftekhim in 2016.
Edited by Rhod Mackenzie / 2016-03-04 06:23:51
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Sibur Russia Oil and Gas Production and Refining
This year Sibur, the largest petrochemical company in Russia and Eastern Europe, intended to invest approximately 4 billion roubles into the modernization of Tomskneftekhim, a subsidiary of SIBUR and one of the largest Russian producers of polymers - polypropylene (PP) and high density polyethylene (LDPE), the chief of regional investments department Aleksandr Mabuza told reporters.
The company has already invested a similar amount into the modernization of the Tomsk area in 2015.
