Sibur tyre unit makes another divestment

ERJ staff report (DS)

Moscow – Sibur-Russian Tyres has sold its minority stake in the mould-making company, IFO. S-RT held around 16.8 percent of the authorised capital of the company and these shares have been sold to KB Polimermash.

JSC “IFO” – is a broad-based machinery-making company and specialises in the design and manufacture of moulds for rubber products, plastic products, tooling, spare parts and steel structures.

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