Sibur increases synthetic rubber sales by 26 percent

SIBURThe Russian gas and petrochemical major Sibur has achieved a 26-percent, year-on-year rise in sales of synthetic rubbers in 2015, to RR35 billion, (€458 million) on volumes 14-percent higher at 411 kilotonnes.

Sibur has linked the gains to “improved economics for commodity and speciality rubbers, completion of continued thermoplastic elastomers homologation with key clients by the end of 2014, and respective increase of export sales.”

SIBUR2The company said this in its full-year results statement, according to European Rubber Journal.

With the better market demand, Sibur last year has increased its processing and production volumes for synthetic rubbers by 16-percent rise to 409 kilotonnes, according to the financial statement issued 7 April.

Article source: European Rubber Journal

 

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