Sibur announces its financial results under IAS in H1
Edited by Rhod Mackenzie / 2015-09-28 06:05:13
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Financial results Processing Russia Oil and Gas Production and Refining
Sibur Holding, an integrated gas processing and petrochemical company, leader of the Russian petrochemical industry, announced its operational and financial results under IAS for the first six months of 2015 today.
Key operational rates:
∙ maintenance of APG processing volumes at the level of the same period last year
∙ increase in natural gas sales by 16.3% y/y
∙ increase in fractionation by 26.5% y/y
∙ growth in sales of liquefied petroleum gases by 15.8%
∙ increase in sales of petrochemical products by 30%
∙ increase in production of polypropylene to 69.5%
