Sibur opts out of tyre business

January 21, 2012

Sibur opts out of tyre businessPETROCHEMICAL firm Sibur has completed the sale of 100% of Sibur-Russian Tyres (SRT) to a group of investors including the management of SRT and Vadim Gurinov, former CEO of Russia’s largest tyre manufacturer.

The disposal follows the restructuring of SRT with the sale of two of its non-core plants, OAO SIBUR- Volzhskiy, a manufacturer of synthetic fibres, which was acquired by CJSC Gazprom Stroy and OAO Volzhkiy Nitrogen and Oxygen Plant, which specialises in commercial-grade gas production and was sold to the ROEL Group.(PRA)

Tags:

ICIS-banner ad

Rubber Prices
(Last Updated: 22 April 2019)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India
Flag Counter

Automotive

PRA ELECTRONIC ISSUE
PRA Mar/Apr 2019 issue

Click here & browse