Sibur nitrile rubber Krasnoyarsk latex tanks

Analysis: Sibur reverses SR production cuts

London – Petrochemicals major Sibur increased production of synthetic rubber in the first quarter of 2015 following a better-than-expected start to the year, according to the Russian group’s CEO Dmitry Konov.

The move partly reversed a trend from last year, when Sibur significantly cut back rubber production in response to low margins in the business, Konov said at a press conference in London. SR prices , he noted, were also held back by the continuing poor state of the natural rubber market.

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