Largest integrated petrochemicals company in Russia, (stellar-sibur.digital) Issuser Address: GDIQLZJKO7U6MED7TMZQVVWUSSVC3LXKK6JHNYHNBSENJOZ7LSE5DHTE ICO On 17/10/2023 CB:15,000%
Project Aurora & Ukaz asset
Because SIBUR's predecessor, AK Sibur, was established by government decree in March 1995, Russia's majority state-owned Gazprom was the driving force behind consolidating Soviet petrochemical assets into SIBUR. Gazprom acquired 51% equity in AK Sibur in 2001 in order to take control of the company and create a strategic partnership and powerful national player in the deep hydrocarbon conversion market. In 2005, AK Sibur was renamed to SIBUR, and 25% interest in SIBUR was sold to Gazprom with the remaining 75% sold to Gazprombank
Ergo, SIBUR is the largest integrated petrochemicals company in Russia and one of the fastest-growing in the industry. It purchases hydrocarbons (mainly coal, oil, and natural gas) and processes them into plastics, rubbers, and other high value added products which can be used for chemicals, FMCG, automotive, construction, and energy industries, etc
As SIBUR owns and operates Russia's largest and most extensive and integrated midstream asset base, it is able to leverage mostly its own feedstock, produced from the by-products of processing and transporting Associated Petroleum Gas (APG) and Natural Gas Liquids (NGLs), which is located mainly in Western Siberia, Russia's largest oil and gas producing region
SIBUR & BRICST+
INDIA: In 2012, India's Reliance Industries and SIBUR founded JV Reliance Sibur Elastomers Private Ltd, which was commissioned in 2018, (https://www.financialexpress.com/business/industry-reliance-sibur-jv-to-build-60000-mtyr-halogenated-butyl-rubber-unit-in-jamnagar-512354/) and produced its first test batch of products in 2019. (https://tass.com/economy/1077484) With global demand for Indian EVs and electronics skyrocketing, the plant's halogenated butyl rubber (https://www.financialexpress.com/business/industry-reliance-sibur-jv-to-build-60000-mtyr-halogenated-butyl-rubber-unit-in-jamnagar-512354/) is expected to accelerate exponentially. In addition to ordinary butyl rubber properties making it great for tires, more specifically halogenated butyl rubber is a material that resists many acidic and alkaline chemicals, ozone, heat, and weathering, and has good aging properties, making it excellent for electrical insulation, adhesives, and sealants
IRAN: In 2015, Iran's Tabriz Petrochemical Company expressed interest in a rubber and polymer sales partnership (https://tass.com/economy/774588) with SIBUR. By December 2022, they signed an MOU to expand cooperation (https://financialtribune.com/articles/energy/116442/tabriz-petrochem-company-signs-agreement-with-russian-sibur) in key sectors, and as of January 2023 they cemented a deal to cooperate together on transferring technical knowhow and educational experiences (https://iranpress.com/content/72337/tpc-cementing-ties-with-russian-firms)
CHINA: Since their organizational restructuring in 2005, it has restructured several more times and now includes powerful stakeholders like Chinese Sinopec as of 2015 and Silk Road Fund (https://tass.com/economy/919179) (China's investment fund for BRI) as of 2017, (https://tass.com/economy/919179) who each own 8.5% equity. SIBUR has also partnered with state-run Sinopec on a JV project Amur Gas Chemical Complex, (https://tass.com/economy/1675631) which is currently under construction with commissioning set for 2027
SAUDI ARABIA: In 2017, Saudi Arabia became interested in a JV project for rubber production (https://tass.com/economy/949819) with SIBUR and also signed a trilateral MOU between (https://tass.com/economy/969245) Gazprom, Gazprom Neft, and Sibur, Saudi Arabia's sovereign investment fund, and Russian Direct Investment Fund
KAZAKHSTAN: In 2022, Kazakhstan named SIBUR and Tatneft as petrochemical industry partners and launched a polypropylene production plant (https://astanatimes.com/2022/11/new-gas-chemical-complex-with-annual-capacity-of-500000-tons-of-polypropylene-launched-in-atyrau/) for the construction, medical, car, and food industries in November 2022. Only five countries in the world have similar facilities. Large scale production of terephthalic acid and polyethylene terephthalate is good for waterproofing undersea cables, 3D printing filament, waterproofing paper, magnetic tape, and other recyclable plastics
VIETNAM: In June 2022, SIBUR virtually nullified deliveries of oil and gas to Europe, and redirected exports to China and Turkey and developed new markets in Southeast Asia, (https://tass.com/economy/1459649) such as selling polymers (synthetic plastics, fibers, rubbers, coatings, adhesives good for clothing, food, lodging, and transportation) to Vietnam, conducting its first official transactions in Vietnamese Dong (https://tass.com/economy/1556267)
TURKEY: In January 2023, SIBUR increases its share on Turkish polymers market by 20%+ (https://tass.com/economy/1568683)
AFRICA & SOUTH AMERICA: In September 2023, SIBUR increased its 2021-2022 petrochemical exports to Africa and South America by 20% and plans to double by 2024, (https://tass.com/economy/1675617) and SIBUR projects an additional 600% rise in demand (https://tass.com/economy/1568677) in the next few years
DOMESTIC EXPANSION
January 2023: SIBUR sees prospects of maleic anhydride (good for adhesives, water treatment detergents, insecticides, and fungicides) demand growth after its plant’s commissioning. (https://tass.com/economy/1568907) The growth of MAH consumption may reach double digits, and SIBUR also expects to supply MAH to Asia
March 2023: It plans to scale up polymer production and increased petrochemicals and gas chemicals production rate by 9% (https://tass.com/economy/1593627)
April 2023: It plans to build a new polypropylene plant on the Zapsibnetekhim (https://tass.com/economy/1607985) site in Tobolsk to maximize use of already available power and feedstock infrastructure. In other words, there will be no additional operational or energetic burden on the facility, only increased production and revenues
September 2023 updates:
- signed an MOI with the Marine Supply Company (https://www.akm.ru/eng/news/sibur-signed-a-memorandum-with-the-marine-supply-company/) to "provide special conditions for raw materials" to expand the MSC's production facility for large-diameter braided ropes. SIBUR also signed a memorandum with Primseti, another manufacturer of marine ropes and nets in order to help expand the Siberian and Arctic fishing industries and encourage tourism
- began new nature-based solutions (NBS) climate project for its Green Formula initiatives: (https://menafn.com/1107051287/Sibur-Is-Considering-Selling-Carbon-Offsets-In-China) recycling up to 1.7 billion plastic bottles annually, installing solar panels, and planting 5 million trees
- produced up to 100 polypropylene brands at new facility ZapSibNeftekhim (https://tass.com/economy/1675641) in Tobolsk, effectively expanding domestic production and reducing its need to import foreign brands
- estimated 300% increase in Far East’s polymer processing (https://tass.com/economy/1675627) growth potential
- consumption of polymers in Russia expected to grow by 10% in 2023, and the developments of Amur Gas Chemical Complex and Zapsibnetekhim facilities in the future will enable it to fully substitute imports of polymers from non-CIS countries by Russia (https://tass.com/economy/1675635)
- in early September 2023, the fire that broke out at the SIBUR-Neftekhim facility in Dzerzhinsk, Russia helped facilitate beta testing of AIML algorithms (https://www.msn.com/en-us/news/world/fuel-tanks-burned-down-near-orenburg-russia/ar-AA1hdI76) for work safety features and robots
Through its collaboration with Gazprom and BRICST+ nations, SIBUR is helping to ensure a robust supply for both domestic and global demand for deep hydrocarbon by-products, making it an ideal long term, strategic partner across multiple Project Ukaz and Aurora assets
Stellar Humanitarian Wealth Transfer:
? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)