SIBUR, Russian integrated gas processing and petrochemical company, and BASF,  German chemical company, have extended their long-term agreement on supply of additives used for polymer manufacturing at SIBUR production facilities.  

Gazprom Pererabotka Blagoveshchensk (part of Gazprom Group) and NIPIGAZ (part of SIBUR Group) agreed to form a partnership on design, procurement and construction management for the Amur Gas Processing Plant (GPP) near the town of Svobodny in the Amur Region.

The Investment Committee of SIBUR has approved the expansion of a facility processing raw natural gas liquids (raw NGL) at the Tobolsk production site that is expected to increase the site's capacity from 6.6 mtpa to 8 mtpa.

SIBUR has started the preparatory stage of an investment project to ramp up the production of methyl tertiary butyl ether (MTBE), a high-octane petrol additive, at its production site in Togliatti.

SIBUR will present its polymer products at the largest exhibition of petrochemical products in Asia - ChinaPlas (Guangzhou, China).

The Annual Meeting approved SIBUR Holding's 2014 Annual Report and annual financial statements. The shareholders also elected the new Board of Directors.

SIBUR has approved a new logo design as part of its rebranding campaign.
For SIBUR, this is the first logo change in its 20-year history. Previously, the Company had two logo design versions, using either the name SIBUR or a stylised Latin S and a tree leaf located in a triangular with the name SIBUR in the same font. The new logo will only contain the name SIBUR in an updated font style.

This year, SIBUR has added new advanced polypropylene (PP) grades to its product mix. The grades are included into the production plans of the Company's facilities and are already available to customers.

From 19 to 23 May, BIAXPLEN (part of SIBUR), a leading Russian BOPP film producer, will be taking part in Ipack-Ima 2015, a global exhibition to be held at Fiera Milano Exhibition Center in Milan, Italy.

SIBUR has appointed Alexey Kozlov, former Head of the Department of Social Development of the Government of the Russian Federation, to the Management Board of SIBUR as Managing Director for Business Administration. In this role he will oversee SIBUR's Legal Support, Government Relations, Corporate Communications, Administrative Support and Business Support Centre.