Within first nine months of 2015 "SIBUR Holding" increases its revenue from sales of petrochemical products by 40.8%.
Edited by Rhod Mackenzie / 2015-12-04 07:04:26
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Financial results Sibur Russia Oil and Gas Production and Refining
Today PJSC "SIBUR Holding", an integrated gas processing and petrochemical company, leader of the Russian petrochemical industry, announces the reduced operating results for three and nine months, ending September 30, 2015.
Within first nine months of 2015 the revenues of PJSC "SIBUR Holding" from sales of petrochemical products increased by 40.8% yoy and amounted to 130.7 billion roubles. The increase is due to increased sales of base polymers, plastics and organic synthesis products and other chemical products as a result of capacity expansion and devaluation of the Russian rouble. Against the background of a low base in 2014 and lower costs for raw materials sales volumes of synthetic rubber began to recover.
