Business model resilience
A balanced business model, high reliance of petrochemical facilities on own feedstock coming from the midstream segment, benefits of prior investments projects, and a sound financial policy enabled the Company to minimise COVID-19 spread risks amid a crisis.
SIBUR continues working seamlessly, maintaining process discipline and customer service quality. In this economic environment, the Company’s actions seek to support sustainability.
Demand for polymers remains strong. This year, basic polymer sales have grown considerably even despite lower prices, driven mostly by ZapSibNeftekhim’s volumes.
The Company increases its production of polymers to ensure supply of high-quality disposable PPE and sanitisers to healthcare facilities. The prices for medical grade polymers are kept at their minimum levels.
SIBUR also expands cooperation with producers of medical supplies to support high utilisation of their capacities and help drive their production growth.
In addition, the Company invests in developing a feedstock base for import substitution of medical products in order to meet the nation-wide demand for disposable PPE.
SIBUR invests in developing polymers with antimicrobial activity for the food and medical industries.
While the Company’s investment programme was optimised, the key sustainability aims and projects remain unchanged.