SIBUR changes its business management model from a structure focused on product divisions to an industry-based model

In order to further develop consumer industries such as polypropylene, polyethylene and synthetic rubber, SIBUR plans to transform its business management model from April 2024 from a product department-based structure to an industry-based model.

To replace the Basic Polymers, Plastics and Organic Synthesis and Synthetic Rubber segments, the company will create the following industry-based segments: Agribusiness, Recycling, Flexible Packaging, Rigid Packaging, Engineering and Transportation Infrastructure, Healthcare, Oil & Gas Processing and Production, Consumer Goods, Construction, Transportation and E-commerce and Partnerships.

The company has been continuously building capacity since 2014, with output of its core products more than doubling over the same period. In 2023 alone, SIBUR has launched 27 new petrochemical grades with an annual sales potential of 111,000 tons.

The gradual increase in design capacity of the Amur Gas Chemical Complex and the new polypropylene production facility (DGP-2) in Tobolsk, expected to begin operations in the next few years, will help to further increase Russia's polymer consumption ,and promote the development of import substitution programs for finished products made from the latest synthetic materials.

SIBUR's vision is to support the comprehensive development of every petrochemical consuming industry, meet growing demand and promote the use of high-tech materials.