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«SIBUR» LLC is the managing organization of PJSC «SIBUR Holding».

117218, Moscow, Krzhizhanovsky st., 16/1

New issue of SIBUR for Clients focuses on COVID-19 and its impact on petrochemical market

Moscow, 20 April 2019. A new issue of SIBUR for Clients is now available on the Company's website. The main topic is the situation in the petrochemical market during the COVID-19 pandemic.

An increase in crude oil supply, the growing coronavirus pandemic, and lockdown measures across the world have sent global markets into a tailspin. Under the circumstances, manufacturers worldwide are trying to repurpose their factories to make more useful products, such as medical equipment. Plastic is once again gaining ground in many markets as the most hygienic material helping to contain the spread of the virus. Companies, including SIBUR, are making every effort to protect their employees and partners while striving to fulfil their obligations.

Sergey Komyshan, SIBUR’s Management Board member and Executive Director:

“We are living in unprecedented times when two crises have coincided to create a perfect storm. The oil crisis and coronavirus outbreak have hit the industry hard, with the pandemic threatening the health and life of people worldwide. Most companies are suspending operations or allowing employees to work remotely during the quarantine and self-isolation.

Despite the challenging circumstances, SIBUR is making every possible effort to fulfil all of its obligations and meet the needs of its clients and partners. I know that our clients are taking the same approach in relation to their customers. We are all in this together. Unity, responsible action and mutual support have never been more important. Take care of yourself and your loved ones! Family is the most valuable thing we have, and the Company gives the health of our employees and their families the highest priority – especially now.”

Also in this issue:

  • China as the first country to be hit by the coronavirus and also the first to curb the outbreak: a firsthand account by SIBUR employees.
  • How the three ESG pillars are coming into focus of forward-thinking companies.
  • Myths and misconceptions about plastics: the most common customer misconceptions about plastics.
  • Leveraging digital marketing to promote construction materials.

Contacts for Media

Press Office

Anna Lebed

International Media Relations

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