Russian petrochemical firm Sibur plans to conduct an initial public offering (IPO) in 2008 to fund investment plans and buy new assets. The firm, previously owned by gas export monopoly Gazprom, is now controlled by Gazprom's pension fund, Gazfond. Sibur plans to invest US$4 bln over the next 4-5 years to develop its existing business and acquire new assets. Of this outlay, approximately one billion is estimated to be raised by the IPO
Previous News
Next News
-
Braskem and Pequiven in US$2.5 bln JV
-
GAIL India eyes petrochemical plants in Russia and Qatar
-
Braskem to invest US$150 mln in unit to produce polyethylene from ethanol
-
Hinduja group interested in picking up majority stake Kakinada refinery
-
Price trends of oil, polymer feedstock & commodity polymers in Asia for the week of October 29, 2007
-
Five new grades of Hostaform® POM
-
DuPont forms hybrid technology alliance for manufacturing lightweight thermoplastic components
-
Unipetrol delays restart of ethylene unit
-
Bayer MaterialScience increases polycarbonate prices
-
Eastman, world's largets PET supplier plans to significantly shrink business
-
Deepak Nitrite to Invest INR 11,000 Crore to Build India's First Polycarbonate Resin Ecosystem
-
PPRDC and Indian Institute of Packaging Launch Advanced Recycling Certificate Course to Build India's Circular Economy Workforce
-
SSF Plastics Helps Extinguish Fire at Neighbouring Factory
-
Why UAE’s OPEC Exit May Not Shake Oil Markets
-
EPL and Indovida to Merge, Creating a Consumer Packaging Leader for Emerging Markets
-
ABS and Polystyrene facility in Iran hit
-
Converting Nylon Fish Net waste to 3D Printing Filament
-
Samvardhana Motherson International Limited India’s Global Automotive Plastics & Systems Powerhouse
-
Varroc Engineering Limited: From Polymer Components to a Global Automotive Systems Leader
-
Hitech Corporation Ltd - Prominent Manufacturer of Rigid Plastic Packaging Products, Serving Paints, Agrochemicals, Lubricants, FMCG, and Food Industries.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}