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  1. AGCC construction is underway

    ... readiness of the Amur Gas Chemical Complex nearing 40%, the project implementation strategy will be updated. The overall readiness of the AGCC project has reached 37.8% (43% for certain plants). The project partners, SIBUR and Chinese oil and gas company Sinopec, pointed out the need to improve the project implementation strategy by adapting it to the new reality. Relevant decisions will be made soon. Project suspension is not being discussed; work is fully underway on the construction site in Svobodny....

  2. Digital format

    ... insights into price and demand forecasting. Big data, coupled with predictive analytics, is opening the door for greater efficiency and better big data-driven business decisions – while driving an advantage in the competitive business environment. Sinopec is implementing its Smart Factory 2.0 concept: a comprehensive management system for equipment repair and maintenance where equipment failures can be addressed in advance through data analysis and diagnostics, leading to improved equipment utilisation,...

  3. Steam cracker columns installed at Amur GCC

    ... process equipment is being installed at the Amur Gas Chemical Complex. The installation of a key piece of core process equipment is underway at the Amur Gas Chemical Complex, a joint venture between SIBUR and the China Petroleum & Chemical Corporation (Sinopec) that will produce polyethylene and polypropylene. On 22 August, the first column was installed for a steam cracker, a water wash column weighing in at about 1,500 tonnes and measuring 80.6 m high. A special gantry capable of lifting 2,500 tonnes ...

  4. Investments in petrochemicals

    ... facility focused on producing the most popular polymers – polypropelene and polyethylene – that will triple SIBUR’s polymer output. SIBUR is also currently building Amur Gas Chemical Complex (AGCC) in partnership with one of its shareholders, Sinopec. Products from AGCC will primarily be exported to Asian markets. AGCC will become the largest full cycle base polymer facility in the world with a total annual output of 2.3 million tonnes of polyethylene and 400 thousand tonnes of polypropylene....

  5. SIBUR’s export market strategy

    ... INEOS, Shell, as well as niche players in some segments of global industry. As a rule, the most successful ones are either upstream-integrated or are a petrochemical arm of a gas or oil major. This is the case with one of our shareholders – China’s Sinopec. I would guess that some of them have market shares running into the tens of percent of the entire market in terms of production and sales to certain segments. Overall, market concentration is quite high – I think the twenty or thirty largest ...

  6. SIBUR analytics

    ... caused the rise in prices in the USA. New capacity additions continue to come on stream: the United States has seen the launch of Formosa Plastics and Sasol’s LDPE production plants, with a capacity of 400 ktpa and 420 ktpa, respectively. In China, Sinopec Zhongke Zhanjiang Petrochemical launched a 350 ktpa HDPE production project and Wanhua Chemical brought online 350 ktpa of HDPE and 450 ktpa of LLDPE. In Q1 2021, China’s Zhejiang Satellite aims to launch the country’s first ethane pyrolysis ...

  7. SIBUR AND SINOPEC: AGCC DEAL CLOSED

    ... ethane and LPG to Amur GCC to be processed into high value-added products. The completion of construction and commissioning is scheduled for mid-2024. Having obtained all the necessary approvals from the regulators of both countries, SIBUR and Sinopec closed the deal and set up a joint venture (JV) at the Amur Gas Chemical Complex (GCC). SIBUR and Sinopec will hold a 60% and 40% stake in the JV, respectively. In June 2019, the parties signed a term sheet for a potential joint venture. Following ...

  8. SIBUR International in China: growing stronger

    ... of ZapSib, our workload has increased significantly,” says Alexandra Yastimova. “In 2020, the team managed to send almost 1 million tonnes of products to the Chinese market. On top of this, last year marked the beginning of our cooperation with Sinopec. This was a huge milestone, and of course, a huge challenge. In 2021, we have even more ambitious plans in the pipeline to further grow the number of shipments.” Sales of Russian polymers in China have more than doubled since the launch ...