Russian conglomerate Sibur Holding CJSC is progressing with construction of a previously announced US$2 bln petrochemical complex in Siberia. The plant in Tobolsk will have the capacity to produce 1.1 billion lbs of PP homopolymer. As per plasticsnews, early 2013, this plant will triple its polypropylene homopolymer production capacity, with much of that output targeted for export to China. The new facility, called Tobolsk Polymer, will use Innovenne PP technology licensed from Ineos to produce up to 70 grades of the material, and will be Russia’s largest polypropylene plant. About half the homopolymer output will be consumed in Russia, with the balance going mostly to China, though pricing may lead some to find its way to Europe and Turkey.