Sibur rubber revenue soars 34%

Moscow – Sibur has posted a 12.0% year-on-year increase in revenues for its Plastics, Elastomers & Intermediates segment during the first nine months of the year at RR110.1 billion, largely due to “highly favourable market environment” for elastomers in the first half of 2017.

Sales of elastomers rose 7.7% for the first nine months of the year at RR361 million while plastics and organic synthesis products posted a decline of 0.9% at RR583 million.

For the period, synthetic rubber sales grew 34.4% to RR39.7 billion, with domestic…

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