SIBUR has signed a deal with recycler Russian Environmental Operator (REO) for the supply of recycled polyethylene terephthalate (rPET) bottles and packaging as feedstock for production of food-grade rPET granules at Polief facility in Bashkortostan, Russia, said the company.
Thanks to the supply of electronic equipment to the production of SIBUR, it is planned to send up to 600 million plastic bottles for processing annually.
To fulfill its obligations under the agreement, REO is implementing an investment project for the production of PET flakes from used food packaging. It is planned that PPC will purchase bottles at sorting, send them for processing and sell the resulting PET flex to SIBUR. The enterprise where the bottles will be processed is located in the Chelyabinsk region.
Transparent and blue flakes will be supplied to SIBUR's Bashkir enterprise POLIEF for the production of food-grade rPET granules under the Vivilen brand with a recycled content of up to 25%. This contract provides a third of the company's need for PET flex after reaching the design capacity.
As per MRC, SIBUR plans to revise its strategy for developing the Amur Gas Chemical Complex (AGCC) with Sinopec.
The company reported that a decision on the matter would be made soon. Sources told Reuters in March that the state-run Sinopec Group had suspended talks on a major petrochemical investment and a gas marketing venture in Russia.
As per MRC, SIBUR has completed commissioning in Tobolsk at a new maleic anhydride (MAN) production facility located on the territory of Zapsibneftekhim. The production will reach its design capacity before the end of the year. The unit has a design capacity of 45,000 tons/year and is expected to ramp up through the year and is expected to cover all domestic MA demand in the country this year, with work ongoing to ensure steady operation and build out a supply chain as production ramps up.
SIBUR Holding is the leader of the petrochemical industry in Russia and one of the world's largest companies in the sector with more than 23,000 employees. Over the past 10 years, SIBUR has implemented a number of large-scale investment projects worth about 1 trillion rubles.
mrchub.com