Operating profit (EBITDA) in the petrochemicals segment of Russian energy and petrochemicals giant Sibur (Moscow; www.sibur.com) fell by 34% year-on-year to RUB 7.62 bn (EUR 154m) in 2013. Sales in the segment were 6% lower at RUB 120 bn. However, sales of plastics and organic synthesis products increased thanks to the opening of new production facilities and targeted acquisitions in 2012. In basic polymers, sales volumes increased as a result of improved PP trading activities and higher PP production following the commissioning of the company's Tobolsk-Polymer project (Tobolsk / Russia). These gains were, however, partially offset by inventory accumulation. Prices remained largely flat over the year.
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