Issue Date: October 16, 2011
Sibur, Sinopec To Collaborate
Russia’s Sibur and China’s Sinopec have signed a “memorandum of extended cooperation” for the formation of two new nitrile rubber joint ventures. Under the agreement, a nitrile rubber plant currently operated by Sibur in Krasnoyarsk, Russia, will be expanded to 56,000 metric tons per year. The pair will also construct a 50,000-metric-ton unit in Shanghai. Additionally, the companies plan to work together in polyisoprene rubber.
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