Sibur, Sinopec to make NBR, IR in China
ERJ staff report (DS)
Moscow - In a second joint venture to make nitrile rubber - this time in China - Sibur and Sinopec are to add a further 50kt of capacity. The new agreement covers a plant to make nitrile rubber (NBR) and Isoprene rubber (IR) in the Shanghai area of China.
The NBR and IR plants are expected to have an annual capacity of 50,000 mt each, subject to finalisation based on the feasibility study. The cooperation will be a two-stage process, with the NBR launch followed by the IR plant.
On 28 April 2012, the parties have signed a Cooperation Agreement allowing them to form a joint venture manufacturing nitrile rubber (NBR) in Krasnoyarsk, Russia. The new JV will boost the existing NBR capacity of the Krasnoyarsk rubber plant from 41,000 to 56,000 tonnes per year.
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Press release from Sibur
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