sbrchina

Sibur-Sinopec JV Positive

Sibur, a Russian gas processing and petrochemicals company, has hailed its cooperation with China‘s Sinopec. Dimitry Konov, Chairman of Sibur’s Management Board, feels the experience of running a JV with Sinopec has been a positive one. Konov claims the feedback from Sinopec’s Chinese colleagues has been valuable, and helped navigate the plant’s production. This JV has led to a huge increase in nitrile butadiene rubber exports to China over recent years, and 2015 sales of the product rose 17% YoY in the region.

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