New plant helps lift earnings at Russian petrochemicals producer
09.03.2021
MOSCOW (MRC) -- Russia's largest petrochemicals producer, Sibur, said its core earnings rose 5% in 2021 as it expanded production with the launch of a new plant, but was also hit by lower prices of liquefied petroleum gas and naphtha, said Hydrocarbonprocessing.Sibur has been looking to do an IPO for years, and said last year that it would be better placed for an initial public offering o