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Major Russian petrochemicals and plastics producer Sibur and Chinese state-owned conglomerate Sinopec have signed two separate production joint ventures, one for nitrile butadiene rubber (NBR) and the other for styrene, ethylene and butene-based block copolymers (SEBS). In the first deal, the two companies will build a 50,000 t/y NBR plant in China. Sinopec will have a 60% stake in the jv, while Sibur will hold 40%.
Original Article: Sibur and Sinopec in Rubber/Copolymer JVsNEXT ARTICLE
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