Company type | Joint-stock company |
---|---|
Industry | Petrochemical |
Founded | 1995 |
Headquarters | Moscow , Russia |
Revenue | $7.25 billion[1] (31 December 2020) |
$2.14 billion[2] (2017) | |
$356 million[1] (31 December 2020) | |
Total assets | $21.6 billion[1] (31 December 2020) |
Total equity | $8.76 billion[1] (31 December 2020) |
Number of employees | 44358 (2021) |
Website | sibur |
SIBUR (PJSC SIBUR Holding) is a Russian petrochemicals company founded in 1995 and headquartered in Moscow.[3]
SIBUR is the largest integrated petrochemicals company in Russia and one of the fastest-growing companies in the global petrochemicals industry. Company purchases hydrocarbons and processes them into plastics, rubbers and other high value added products.
According to the company's webpage, the Group sells its petrochemical products on the Russian and international markets in two business segments: Olefins & Polyolefins (polypropylene, polyethylene, BOPP films, etc.), Plastics & Intermediates (EPS, PET, etc.), and Elastomers.[4]
SIBUR's petrochemicals business utilises mainly its own feedstock, which is produced by its Midstream segment using by-products purchased from oil and gas companies. The group owns and operates Russia's largest and most extensive integrated midstream asset base for processing and transportation of APG and NGLs, located primarily in Western Siberia, which is the largest oil and gas producing region in Russia and where the Group sources most of its feedstock.
SIBUR's production facilities are located in over 20 Russian regions and employ over 44,000 employees as the company indicates.[5] The company's products are used in the chemical, fast-moving consumer goods, automotive, construction, energy and other industries in 80 countries worldwide. According to Forbes magazine's ranking of Russian companies by revenue for 2019, Sibur was the 13th-largest in Russia.[6]
The company has international presence: an office in Vienna, four offices in China,[7] and an office in Istanbul. SIBUR has an extensive portfolio of clients in key regions for the company – Russia, Europe and China.
As of today, SIBUR is a leading emerging markets petrochemical group and the largest petrochemical producer in the Russian market, according to IHS.[citation needed]
SIBUR's newest petrochemicals facility ZapSibNeftekhim ranks in Top-5 largest petrochemicals projects in the world and is Europe's largest petrochemicals plant by capacity.
The Group is currently working on a new project Amur Gas Chemical Complex, which is set to become the largest base polymer facility globally by capacity.
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