Sibgazpolimer Acquires Poliom Polypropylene Plant in Russia, an Industrial Info Market Brief

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Sibgazpolimer, a joint venture of SIBUR and Gazprom Neft, has acquired Titan Group's 50% stake in their jointly operated Poliom polypropylene plant in Omsk, Russia.

Poliom, which is one of Russia's largest polypropylene plants, was launched in 2013. The plant uses LyondellBasell's Spheripol process to produce 218,000 tonnes per annum. The feedstock is a propane-propylene fraction supplied by the Omsk Refinery (Gazprom Neft). Sibur will continue to distribute its Poliom products in Russia and other former Soviet states.

Click here for a list of polypropylene projects in Russia, and see map below.