Sibur invests $2B in EB/styrene, PS complex in Tatarstan.

Sibur Holding, Russia's largest producer of petrochemicals, has announced plans to invest $2 billion in the construction of an ethylbenzene (EB) and styrene unit, as well as a downstream polystyrene (PS) complex in Tatarstan. The new plants will expand the site's total capacity by 1 million metric tons per year and are expected to be completed by 2028. The projects aim to make Russia self-sufficient in PS and acrylonitrile-butadiene-styrene (ABS) and reduce the country's reliance on imports. Sibur will supply the plants with feedstock from its EP-600 naphtha cracker. Additionally, Sibur plans to increase Russia's PS capacity by almost a quarter, covering the current volumes of imports. [Extracted from the article]

Copyright of Chemical Week is the property of IHS Markit Ltd. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)