Sibur increases synthetic rubber sales by 26 percent

Moscow –  Sibur achieved a 26-percent, year-on-year rise in sales of synthetic rubbers in 2015, to RR35 billion, (€458 million) on volumes 14-percent higher at 411 kilotonnes, the company said in its full-year results statement.

The Russian gas an petrochemicals major linked the gains to “improved economics for commodity and speciality rubbers, completion of continued thermoplastic elastomers homologation with key clients by the end of 2014, and respective increase of export sales.”

With the improved market demand, Sibur last year increased its processing and production volumes for synthetic rubbers by 16-percent rise to 409 kilotonnes, according to the financial statement issued 7 April.