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  1. Strategic alliances

    ... the last couple of years. A good example of pooling resources is the largest deal in the history of the petrochemical industry – the merger of Dow Chemical and DuPont into Dow DuPont in September 2017. The deal amounted to ca. USD 130 bn. Sinopec Zhenhai Refining & Chemical Company factory in Zhenhai, China. The general trend towards industry consolidation can also be seen in the institutionalisation of joint ventures. This idea was proven by yet another study – Joint Ventures ...

  2. New milestone in partnership

    SIBUR Holding and Sinopec signed a Term Sheet for a potential joint venture that could be based at the Amur Gas Chemical Complex. SIBUR Holding and China Petroleum & Chemical Corporation (Sinopec) signed a Term Sheet for a potential joint venture (JV) that could be based ...

  3. SIBUR: from 1995 to the latest developments

    ... films. In 2010–2011, SIBUR entered the markets of Italy, Spain, Romania and other countries. The company’s key objective was to ramp up exports and change its structure towards more advanced products as opposed to liquefied gases. SIBUR and China's Sinopec entered into a JV using the capacities of Krasnoyarsk Synthetic Rubbers Plant (KZSK), which exports 80% of its products to China. Leonid Mikhelson, the owner of NOVATEK, saw SIBUR as a company with huge potential and acquired a controlling stake ...

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