Russia's SIBUR Adjusts to Rough Markets for LPG, Naphtha, an Industrial Info Market Brief

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Amid weak demand from European clients for liquefied petroleum gas (LPG) and naphtha, SIBUR Holding, the largest integrated petrochemical company in Russia, is turning to its domestic markets and Asia, where demand is stronger.

SIBUR is adopting a two-week shift-camp work model to deal with the fallout from the COVID-19 pandemic and collapsing oil prices. The company continues to review its investment program for 2020-2021, to adjust to the current marketplace.

Click here for a list of active SIBUR projects, and see map below.