Russia-based petrochemicals major SIBUR has registered two new subsidiary companies in Turkey and Ukraine to specialize in the trading of polymers, as per hydrocarbonprocessing.com. SIBUR International Trading Istanbul and SIBUR International Trading Kiev, with offices in the respective capitals, will trade in basic polymers.
Turkey is one of the global leaders for polypropylene consumption. As planned, SIBUR International Trading Istanbul will sell the polypropylene produced by the new Tobolsk-Polymer Complex upon its commissioning. Meanwhile, Ukraine is one of the largest markets of polyethylene and polypropylene in the CIS. SIBUR International Trading Kiev will sell the polypropylene produced by Tomskneftekhim and Tobolsk-Polymer.