Note to readers

Dmitry Konov, Chairman of the Management Board at SIBUR Holding

Dear clients and partners,

This issue of SIBUR for Clients is a special one. Its cover story outlines the SIBUR–TAIF merger closure. The combined company will boast crucial assets for the industry: Kazanorgsintez and Nizhnekamskneftekhim, as well as TGC-16, which powers them both. A new chapter has opened for the Russian petrochemical industry. I am convinced that it will unlock multiple benefits for our industry and for you, our customers. We are very optimistic about our future, and we are grateful to you for placing your trust in us and for partnering with us for the benefit of wider society.

Another huge milestone was the opening of the airport in Tobolsk, which has been named after Semyon Remezov, the Siberian cartographer, architect and engineer. SIBUR helped to build its runway, passenger terminal and other ground infrastructure. The airport will serve as a new driver of economic growth and tourism, not only in Tobolsk, where the Russia’s largest petrochemical enterprises are located, but also throughout Siberia. Ticket sales are live; I invite you to visit this fantastic city as a tourist or business partner – we will always be pleased to see you there.

From one issue to the next, our magazine keeps you up to speed with SIBUR’s biggest projects. This time, we cover the installation of a key piece of process equipment – the steam cracker at the Amur Gas Chemical Complex. This joint venture between SIBUR and Sinopec will produce polyethylene and polypropylene, and is set to become the world’s largest producer of basic polymers. The delivery of the AGCC column was a unique logistical operation: over the course of just more than a month, the equipment sailed around 5,000 km across the Korea Strait, the Sea of Japan, the Tatar Strait and up the Amur and Zeya Rivers. Be sure to take a look at the impressive scale of the operation.

I would like to highlight that our focus on sustainable development and, therefore, tackling environmental issues, is unwavering. As a leader in pushing forward an ESG agenda in Russia, SIBUR is directing huge efforts towards developing the circular economy. In partnership with the leading clothes brand WOS, we have launched a capsule collection using recycled plastic. This gave the world another example of how two seemingly vastly different industries – fashion and petrochemicals – are able to work together. After all, we can only make progress towards the circular economy if we join forces.

SIBUR takes an active role in Russia’s most important events. One of the biggest events on the industry’s calendar is the Eastern Economic Forum, where, this year, various issues were discussed, from partnership in the COVID-19 era and the shift to the ESG agenda, to attracting investment and growing Russia’s export capacity, among many others. Giving a unique insight into the industry’s opinion, SIBUR’s top managers spoke at the forum sessions dedicated to carbon-free energy, the circular economy and increasing Russia’s return on gas and oil. You can find a recording of their talks in the article.

To conclude, I would like to thank you, our valued clients and partners, for your trust and long-standing partnerships, which provide us with a stable foundation for future shared sustainable growth and development.

If you have any questions, suggestions or opinions (including criticisms), do not hesitate to email them to dearcustomer@sibur.ru

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