Sibur’s strong 2017 a ‘one-off’ for rubber business

Crop700KonovSiburLondon – Strong growth in sales and margins at Sibur’s synthetic rubber business in 2017 will not be repeated this year, believes Dmitry Konov, chairman of the Russian energy and petrochemicals group.

In its 2017 financial results for full year, Sibur reported a 9.7% year-on-year rise in sales of ‘elastomers’, on higher capacity utilisation and improved demand, particularly for commodity rubber in Asia.

As a producer of both butadiene and synthetic rubber, Sibur also benefitted from a large…

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