Russia’s Sibur boosts links with Chinese partners

Financial Times reports that Russia’s largest petrochemicals company, Sibur, prepares to build a huge petrochemical plant producing 1.5m tonnes of polyethylene a year in the country’s Far East for $6-7 billion that will target the Chinese market.

The planned Sibur complex and a nearby gas processing plant run by Gazprom would both be fuelled by the 3,000km long Power of Siberia gas pipeline, a $55bn project that will be the first to run from Russia to China.

Read the original article at FT

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