SIBUR did not abandon plans
SIBUR did not abandon plans to expand production capacity at POLYEF and Sibur-PET. The total increase in output is expected to be from 200 to more than 300 tons per year, said SIBUR executive director Michael Karisalov. According to Mr. Karisalov, despite the fact that Rosalkogolregulirovaniye (Russia’s alcohol beverage watchdog) is intensifying its fight against plastic packaging, the polyesters market remains a priority for the company. It is expected that in the future, the gap will be reduced, and the PET market will continue growing by an average of three percent per year over the next few years.