Russian Sibur plans to build new polymer processing plant
The construction of the Zapsib project, which is also named ZapSibNeftekhim, is expected to be completed by the end of 2019 and start up in 2020, sources said.
KSS will reportedly establish a 670,000 tons/year logistics hub at the Freight Village with an aim to distribute Sibur’s polymer products.
Sibur is said to be able to process 500,000 tons/year of polymers at the new plant.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Major LDPE markets touch multi-year highs on growing tightness
- A prospect for Q4 through uncharted waters of 2020 amid pandemic
- China's import PP markets maintain uptrend under shadow of oil-driven losses in Dalian futures
- Weaker domestic demand prompts Vietnam to export polymers
- European PP market ceases upward trend in September
- Force majeure declarations rock the boat in Turkish PVC market
- China’s PE uptrend fueled by US force majeures; LDPE soars to more than 1-year high
- Stats: China’s cumulative PP imports in Jan-July 2020 reach record-high
- Sept PP, PE trend begins to take shape in Saudi Arabia
- Sept expectations voiced in Europe; ABS draws rosier picture than PS