SIBUR and TAIF finalise terms of merger

SIBUR and TAIF finalise terms of merger
WESPECH PTE LTD
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27.09.2021

MOSCOW (MRC) -- SIBUR and TAIF have entered into an agreement finalising the creation of a combined entity that will leverage the facilities of PJSC SIBUR Holding and create the largest petrochemical company in Russia and one of the biggest in the world.Under the agreement, TAIF shareholders will receive a 15% stake in the new combined company in exchange for 50% plus 1 share in JSC TAIF.

Full article at mrcplast.com

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