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  1. SIBUR and TAIF are merging

    ... Tatarstan’s consolidated budget, to increase significantly – to up to RUB 50 billion per year,” Albert Shigabutdinov, Chairman of TAIF’s Board of Directors said. During the signing ceremony for the SIBUR and TAIF agreement, Russian Deputy Prime Minister Alexander Novak said that investments in the Russian petrochemical sector in the coming decades will amount to about USD 70 billion, which will create tens of thousands of jobs. He also noted that one of the key tasks for the economy in the near future ...