SIBUR APG Processing up 3.3% in 2011, Petrochemical Production up 6.7%

The total volume of petrochemical products produced in 2011 exceeded 14.4 mln tonnes[1], 6.7% higher than the output in 2010 (13.5 mln tonnes).

Mineral fertilizers output in 2011 increased by 3% to 3 mln tonnes. More than 13.4 mln units of tyres were produced, 54% more than in 2010[2] (8.7 mln units).

As a result of the sale of the non-core tyre and fertilizers production assets at the end of 2011, these businesses will no longer be included in the Company’s accounts as of 2012.

In 2011 SIBUR’s total investment allocated for the modernisation and construction of new facilities exceeded 58.6 bln rubles. Major completed projects included the launch of a pipeline network in the Yamalo-Nenets Autonomous District, the commissioning of a railway complex for NGL storage and loading in the Noyabrsk Region, and road geotextile production lines in the Kemerovo and Tula Regions.

Works on the construction of major polypropylene production facilities are continuing in Tobolsk, as are facilities for PVC production in the Nizhny Novgorod Region, thermoplastic elastomer production in Voronezh, expandable polystyrene (2nd tier) in Perm, and a terminal for LPG and light oil products in the Leningrad region.