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  1. SIBUR and TAIF are merging

    ... operations more competitive in the global market, improve its resilience to market fluctuations, and also unlock further growth potential of Russia’s petrochemical industry through joint realisation of capital intensive projects, and also boost chemical non-commodity exports. The transaction will also bring new jobs and opportunities for sustainable development and environmental management. There is huge scope for synergy in this merger, with improved resource-base diversification, distribution and logistics ...