Mikhail Karisalov spoke about the impact of the pandemic on SIBUR’s development. At the end of May, the New Reality of Management forum held by Forbes Congress took place, focused on strategic leadership and effective HR management. Mikhail Karisalov, Chairman of the Management Board and CEO of ...

... special-purpose chemistry includes a broad range of various production facilities. Hence, like in the global economy in general, there are segments which suffered the most, and less affected segments. Plus, there are segments which have only benefited from the pandemic. Growth as a pandemic aftermath Industries oriented on economic segments least affected by the pandemic had the best of the bargain. Growth in the sectors of dietary supplements and flavorings for the food industry, biocides and agricultural ...

... The oil & gas industry is experiencing its third price slump in 12 years. It weathered its first two crises well, however this time is different – we are seeing supply chain disruptions alongside an unprecedented fall in demand amid the Covid-19 pandemic. This latest crisis has been exacerbated further by the ‘deep freeze’ in Texas, America’s key oil region, which led to short-term disruptions in key production and logistics chains. The financial and structural health of the sector ...

... this segment of the economy is huge. Unlike commodity supplies, non-commodity exports did not lose ground, even during national lockdowns and border closures. Russia’s non-energy exports increased by 4% in 2020, setting another all-time record. The pandemic has not only been a global challenge for businesses, but also an incentive for them to identify new areas of growth, including in foreign markets. The state is interested in the further expansion of exports and is offering additional support ...

... working from home is only set to grow. Nonetheless, there are at least eight other trends that will shape business in 2021. 1. Employers will shift from managing the employee experience to managing the life experience of their employees. During the pandemic, business leaders became more aware of the home circumstances of employees, because over the past year, many of them had a particularly difficult time striking a work–life balance. They have realised that more effectively supporting employees ...

... thermoplastics are at their highest levels in history,” says Alexey Kalachev, an analyst with Finam. Reasons for the price increase The price growth for high-tonnage polymers can be explained by the recovery in demand following a nosedive caused by the pandemic. The spread of COVID-19 in the world led to a decrease in demand for primary polymers fr om processors – a deep decline was observed from January to April 2020, when countries introduced lockdowns and prices for hydrocarbons hit the floor (additional ...

... market. But exports must grow, as without them there will be no investments, nor will real disposable incomes grow. This will have to be done under tougher conditions due a growth in protectionism, trade wars between major economies, and the COVID-19 pandemic, which has caused fragility to the value chain. According to the minister, an export focus and import substitution are complementary strategies. Import substitution complements the Russian export-oriented economy, and the creation of a product ...

... infrared bonding). These methods are already being used experimentally, but we are yet to hear any talk of mass production using these technologies. Packaging. On the back of the explosion in online commerce (which was only further bolstered by the pandemic), the production and consumption of packaging continue to grow. This has a positive knock-on effect on the consumption of adhesives used in the production of packaging. Meanwhile, there is a strong demand for environmental friendliness in Europe....

... September–October, and a follow-up survey in November–early December. The sample was structured by business size to fully represent the opinions of small, medium and large enterprises. The majority of surveyed business leaders (81%) agreed that the pandemic had led to a deterioration of the investment climate in Russia. Every other leader of a large business (55%) and one in three respondents representing medium business (36%) believed that the investment climate in Russia had already returned to ...

... Martsinyuk. He also stressed that any irregularities in testing or sample storage, the use of the wrong components, or improper swabbing directly affect the outcome and lead to a higher risk of incorrect results, which is counter-effective in combatting the pandemic and ensuring high-quality, accurate screening. Therefore, only qualified healthcare professionals should be administering the test. Source

... behind their competitors, including in digitisation, while those who have experimented with, and generously invested in, digital innovation during the crisis are twice as likely to report solid revenue growth when compared to other players. However, the pandemic has also caused other changes besides digitisation. McKinsey asked about important transformations that could or should have happened before the crisis but did not for a plethora of reasons – some changes simply were not a business priority,...

... hour extra sleep at 7 hours and 25 minutes. On average, people have started turning in for the night earlier and getting up 30 minutes later than usual. The experts also found that the overall number of resignations decreased by 30% compared to the pre-pandemic period. Employers only managed to adapt to the new normal by summer, while the number of people responding to vacancies started growing since June. Earlier, experts at Rostelecom-Solar revealed that between March and November 2020, the number ...

... as part of its COVID-19 relief package, the government launched a programme to subsidise short online courses for unemployed workers and introduced a six-month payment holiday for student loans. Russian experts agree with BCG’s conclusions. “The pandemic has worsened the skills mismatch as home workers need knowledge of maths and self-management skills,” says Alexey Zakharov, President of the Superjob.ru recruitment portal. “All modern qualifications rest on digitisation,” he comments, ...

... meeting of industry representatives, organised by SNKhK and SIBUR, was for the first time held online via the SIBUR Business Practices platform. Participants discussed the current situation in the paints and coatings market, the consequences of the pandemic and new industry development trends. Margarita Sekunova, an operational team leader and marketing expert at SIBUR’s Plastics, Elastomers and Organic Synthesis Division, presented a report on the current market environment. According ...

... trader into a Russian petrochemical holding company led to a step-by-step internationalisation of SIBUR’s business in general, both from an equity standpoint and the volume of export sales, which generate the bulk of SIBUR’s revenue.” The COVID-19 pandemic has transformed the petrochemical industry, the shape of demand, and supply chains in Russia and globally. However, employees at SIBUR International saw a spike in demand for SIBUR’s products from across all destinations. Until early 2019, ...