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  1. SIBUR and TAIF merger closed

    ... domestic market. Competing effectively in the global market is yet another hot button issue for the industry. Russia’s share in global polymer production is still insignificant at about 2.5%, though growing. At the same time, according to the Russian Ministry of Energy, the country’s share of hydrocarbon production and exports lies between 12% and 19%, with locally sourced raw materials and a favourable geography enabling us to ship products to both Europe and Asia to take advantage of more lucrative ...