Sibur secures funds for world-scale petchem complex

摘要

A consortium comprising the Russian Direct Investment Fund (RDIF) and leading international investors has agreed to invest in developing ZapSib-Neftekhim, Sibur's planned integrated petrochemical facility at Tobolsk, Russia. RDIF intends to use part of its funding quota from the Russian National Welfare Fund (NWF) to develop the infrastructure for the project to build a hydrocarbon-to-polyolefins manufacturing complex. RDIF's supervisory board approved coinvesting NWF funds in the project at the recently held St. Petersburg International Economic Forum, in Russia.