Sibur’s Dmitry Konov: betting on expansion

Mr Konov marks a dozen years as CEO this year. In that time, he has disposed of non-core assets such as tyre production, and repositioned the company as a producer of petrochemicals: an industry where Russia lags behind other energy superpowers, such as the US.

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11 DECEMBER 2018
Plastics in the snow: Sibur takes the lead in Russia's burgeoning petrochemical sector

Sibur is already a very profitable concern, turning in an average 35% Ebitda margin over the last three years. That is about 10-15% higher than its peer group thanks to its unique location in the heart of Siberia in proximity to feedstock base.

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12 MARCH 2018
Tobolsk plant will double Sibur revenue

Meanwhile, final investment decision on Amur gas-chemical project is expected in 2020

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Interview: Russia's Sibur targets export markets for Zapsib petrochemicals output

Russian petrochemicals producer Sibur plans to export some 60% of the polyethylene and polypropylene output from its under-construction Zapsib petrochemical complex in the West Siberian city of Tobolsk, helping Russia expand its share of the global petrochemical market in the medium term.

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Latest Publications

10 AUGUST 2018 | Global Capital
SIBUR IPO talk premature, says CFO
Russian petrochemicals company Sibur is not close to making a decision on whether to go public, despite media reports in the last fortnight to the contrary, its CFO told Global Capital.
20 MARCH 2017 | DebtWire
Sibur in early stages of considering green bond – CFO interview
The company's preliminary research indicated that while a green bond would not be expected to warrant a premium in terms of price, there are additional resources that need to be spent to have the bond recognised as green.
17 MARCH 2017 | Chemical Week | Natasha Alperowicz
Sibur: New projects will change petchem dynamics in Russia
Sibur will help change the dynamics of the industry in the next two years when its flagship $9.5 billion ZapSibNeftekhim project comes on line at Tobolsk.
18 NOVEMBER 2016 | European Rubber Journal | Shahrzad Pourriahi
Market dynamics buoy Sibur rubber business
Sibur’s synthetic rubber segment has posted strong results for the first nine months of 2016, with sales showing an 11.4% rise at 29.6 billion ruble (€427 million).
08 NOVEMBER 2016 |
PP portfolio grouped under new Sibex brand name / Speciality and phthalate-free types
Sibur has reorganised and expanded its PP portfolio under a new brand name, Sibex.
07 APRIL 2016 | ICIS News
SIBUR's earnings up 32% in 2015 on expansions
SIBUR's earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 32% year on year in 2015 on the back of capacity additions and increasing sales
28 JULY 2015 | Chemical Week | Natasha Alperowicz
Gazprom to build major gas plant and the world's largest helium facility in the
Gazprom Pererabotka Blagoveshchensk, a member of Gazprom (Moscow), and the SIBUR subsidiary Nipigaz have agreed to form a partnership to design and manage the construction of a major gas processing plant (GPP) in the Far East of the Russian
04 JULY 2015
Expansion the only way Russia can compete: Sibur chief
Russia's petrochemical business is too small and its plants outdated and not specialized enough--but it can tackle much bigger projects, take advantage of natural resources and geography and become globally competitive, said Dmitry Konov, president of Sibur, Russia's largest petrochemical company.
02 MAY 2015 | Plastics Information Europe
Chinaplas exclusive: PIE speaks to SIBUR’s Managing Director – Head of Basic Polymers Division Sergey Komyshan
During the recent Chinaplas industry fair (, PIE had the opportunity to sit down for an exclusive interview with Sergey Komyshan, SIBUR’s managing director (Moscow / Russia; – Head of Basic Polymers business unit. Aside from future investment plans, the discussion also included the latest developments on the proposed ZapSibNeftekhim project as well as the impact of the Ukraine crisis on SIBUR’s operations.
20 APRIL 2015 | International Financials Review
Sibur finds alternative to Western bank loans
Russia’s largest petrochemicals and gas processing company Sibur has met all its financing needs for the next 18 months, despite being effectively shut out of the Western international loan market for over a year, CFO Pavel Malyi said in an interview in London last week.