Sibur raises funds for Yaroslavsky upgrade

Yaroslavl, Russia–Sibur, owners of the Yaroslavl tyre plant are expected to win agreement to issue more stock in the factory at a 8 Dec general meeting. Funds from the issue would be used to upgrade tyre production facilities at the plant, according to local news reports.

The new capital is estimated at R700 million (€19 million).

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AK&M (Russia) story

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