Sibur

What Sibur does

SIBUR (PJSC SIBUR Holding, founded 1995, headquartered in Moscow) is Russia's largest integrated petrochemical company, operating a vertically integrated value chain from upstream gas processing and LPG feedstock through to finished polymers, synthetic rubbers, and organic synthesis products. The company is organised into four business divisions: Basic Polymers (polyethylene and polypropylene produced at Tomsk, RusVinyl, Kstovo, Kazanorgsintez, and the in-construction AGCC), Synthetic Rubbers (butyl rubber, polybutadiene, and hydrogenated nitrile butadiene rubber / HNBR for tyre inner liners, EV battery sealing, and oil and gas applications, produced at Voronezh, Krasnoyarsk, and Nizhnekamsk), Plastics and Organic Synthesis (Sibur-Neftekhim, Sibur-Khimprom, Polief, Sibur-PETF), and Feedstock and Energy (SiburTyumenGaz, SIBUR Tobolsk). The corporate portfolio includes 17+ core operating subsidiaries and JVs, including the 60/40 Amur Gas Chemical Complex with Sinopec (76% complete, first PE Q3 2026, 2.3 million tpy PE / 400,000 tpy PP), a 25.10% stake in Reliance Sibur Elastomers with India's Reliance Industries, and 50/50 JVs with Gazprom Neft Group.

SIBUR sells B2B into diversified end-markets including automotive (tyre manufacturing), construction, packaging (flexible, rigid, beverage), medical and pharmaceutical, oil and gas, and consumer goods, with a hybrid go-to-market combining enterprise field sales, direct online ordering through eshop.sibur.ru, and a network of SIBUR PolyLab expertise centers and customer service hubs. Distribution channels span domestic Russia, exports to China (synthetic rubber, with active reorientation in 2025 to offset a >1/3 YoY contraction in domestic tyre demand), resumed LPG exports to India from the Ust-Luga terminal, and a new cooperation agreement with Kazakhstan's QAZ IZOL for thermal insulation materials. Revenue is generated primarily through volume-based one-time product sales with pricing tied to global petrochemical market conditions and feedstock costs; specific pricing is not publicly disclosed. Recent product launches include a new polyethylene grade for beverage packaging and Russia's first certified polymer production using recycled feedstock (both June 2026).

Operationally, the company is navigating material headwinds alongside expansion: a March 2026 fire and explosion at the Nizhnekamskneftekhim plant in Tatarstan caused 12 fatalities and reduced that facility's annual production capacity by approximately 6%, and the flagship AGCC project was delayed two years after European engineering contractors Linde and Technimont exited in 2022 following Russia's invasion of Ukraine. Ownership is held through PJSC SIBUR Holding, with SIBUR LLC as the managing organisation; key strategic shareholders are not fully disclosed in the input, but the company maintains public-investor disclosures and investor relations infrastructure on sibur.ru.

Name

Sibur

Legal name

PJSC «SIBUR Holding»

Website

https://sibur.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

SIBUR is Russia's largest integrated petrochemical company, producing polyethylene, polypropylene, and synthetic rubbers for B2B industrial customers across automotive, construction, packaging, healthcare, and energy, with major joint ventures in China (Sinopec) and India (Reliance).

Ownership category

akta.pro rank

Product category

Integrated Petrochemicals

NAICS

Petrochemical Manufacturing (32511), Resin and Synthetic Rubber Manufacturing (32521)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

PVC & Chlor-Vinyl Chain (Chlor-Alkali, EDC/VCM, PVC) (IMAEADAF)

akta.pro secondary industry

Aromatics (BTX: Benzene, Toluene, Xylenes) (EUALAHAC)

Keywords

• Integrated petrochemicals
• Synthetic rubber production
• Polyethylene polypropylene
• Petrochemical feedstock
• Industrial polymer manufacturing

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel

Revenue model

1. Petrochemical product sales: SIBUR generates revenue through the sale of integrated petrochemical products including basic polymers (polyethylene, polypropylene), synthetic rubbers, and plastics. As Russia's largest integrated petrochemical company, SIBUR sells to industrial customers across sectors including automotive (tyres), construction, packaging, healthcare, and energy. Revenue is derived from volume-based product sales with pricing influenced by feedstock costs and global petrochemical market conditions.
2. Synthetic rubber exports: SIBUR exports synthetic rubber to international markets including China, redirecting volumes when domestic demand contracts. The company also exports LPG from Ust-Luga terminal and is resuming shipments to India. Export revenues are driven by global rubber market demand and pricing.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

SIBUR is Russia's largest integrated petrochemical company that manufactures and sells basic polymers (polyethylene and polypropylene), synthetic rubbers (butyl rubber, polybutadiene rubber, HNBR), plastics, and organic synthesis products. The company operates a vertically integrated value chain from upstream feedstock and energy through to finished polymer and rubber products, serving industrial customers in automotive, construction, packaging, healthcare, and energy sectors.

Product overview

SIBUR is Russia's largest integrated petrochemical company, operating across four main business divisions: Basic Polymers (polyethylene, polypropylene), Synthetic Rubbers (butyl rubber, polybutadiene, HNBR), Plastics and Organic Synthesis, and Feedstock and Energy. The company manages a portfolio of subsidiaries and joint ventures including the Amur Gas Chemical Complex (JV with Sinopec), Reliance Sibur Elastomers (JV with Reliance Industries), Kazanorgsintez, Nizhnekamskneftekhim, and others. SIBUR serves sector-specific markets including agro-industrial, recycling, flexible and rigid packaging, engineering, medicine, oil and gas, construction, transportation, and consumer goods. The company offers digital commerce through its e-shop platform and technical expertise through PolyLab centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Polyethylene Basic polymer used in flexible packaging, rigid packaging, construction, and various industrial applications. Sold to industrial manufacturers across packaging, construction, and consumer goods sectors.
• Polypropylene Versatile polymer used across packaging, automotive, construction, and consumer goods sectors.
• Butyl Rubber Synthetic rubber used primarily for automotive tyre inner liners and pharmaceutical closures.
• Polybutadiene Rubber Synthetic rubber used in tyre manufacturing, automotive parts, and industrial rubber goods.
• Hydrogenated Nitrile Butadiene Rubber (HNBR) Specialized synthetic rubber for electric vehicle sealing applications and high-pressure high-temperature environments in oil and gas exploration.
• SIBUR E-shop Online commerce platform for industrial customers to place and manage orders for SIBUR products.
• SIBUR PolyLab Expertise Centers Technical expertise centers providing support, consultation, and application development for polymer and rubber customers.

Quantifiable outcome

• 6% reduction in annual production capacity at Nizhnekamskneftekhim following fire incident
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and flagship.

• Kazakhstan's Association of Manufacturers of Thermal Insulation Materials (QAZ IZOL)coreStrategic or Co-development Partner · 22 June 2026Cooperation agreement signed June 22, 2026 in Baku, Azerbaijan to expand modern synthetic thermal insulation materials in construction and improve building energy efficiency. Parties plan to promote energy-saving initiatives, exchange expertise in regulatory and technical frameworks, jointly develop industry standards, and train specialists in construction sector.
• SinopecflagshipStrategic or Co-development PartnerSIBUR-Sinopec Amur Gas Chemical Complex (AGCC) joint venture - 60% owned by SIBUR, 40% by Sinopec. The project has capacity of 2.3 million metric tons per year of polyethylene and 400,000 tpy of polypropylene. Expected to produce first polyethylene in Q3 2026, currently 76% complete. Project was delayed two years after European contractors Linde and Technimont exited in 2022 following Russia's invasion of Ukraine. AGCC construction is synchronized with Gazprom's Amur Gas Processing Plant for feedstock supply.
• Reliance Industries LimitedcoreStrategic or Co-development PartnerSIBUR holds 25.10% stake in Reliance Sibur Elastomers Private Limited, a joint venture with Reliance Industries. This partnership provides SIBUR access to the Indian synthetic rubber market and leverages Reliance's manufacturing capabilities and market position.
• SINOPEC (Krasnoyarsk JV)coreStrategic or Co-development PartnerSIBUR's JSC Krasnoyarsk Synthetic Rubbers Plant (100% owned) operates as part of a joint venture with SINOPEC for synthetic rubbers production, demonstrating the strategic partnership in rubber manufacturing.
• Gazprom Neft GroupcoreStrategic or Co-development PartnerSIBUR holds 50% stakes in LLC NPP Neftekhimia and LLC Poliom Ltd, both joint ventures with Gazprom Neft Group for petrochemical production.

Scale indicators9 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Reliance Industries: Reliance Industries operates one of the largest integrated petrochemical and refining complexes globally and is SIBUR's JV partner in Reliance Sibur Elastomers (25.10% stake). Comparable across polyolefins, synthetic rubbers/elastomers, and integrated feedstock-to-polymer operations.
• BASF: BASF is the world's largest chemical company with integrated petrochemical operations producing basic polymers, intermediates, and specialty chemicals — directly overlapping with SIBUR's chemical manufacturing footprint across automotive, construction, and packaging end markets.
• Dow Inc. Dow is a top-tier global integrated chemicals and plastics producer with PE, PP, and specialty polymers directly comparable to SIBUR's basic polymers division. Both serve industrial customers in packaging, construction, automotive, and consumer goods.
• Sinopec: Sinopec, China's largest petrochemical company, holds 40% of SIBUR's Amur GCC JV. As one of the world's largest petrochemical producers, Sinopec operates directly comparable integrated ethylene/polyolefin chains and is both a JV partner and a peer in polyolefin and rubber markets.

Direct peers

• INEOS: INEOS is a major global petrochemicals producer with leading positions in olefins, polyolefins, and a comparable integrated feedstock-to-polymer model. INEOS competes with SIBUR in polyolefins, basic chemicals, and European/Russian-adjacent petrochemical supply.
• Braskem: Braskem is the largest petrochemical producer in the Americas and a global leader in polyolefins (PE, PP) and biopolymers, with a comparable integrated production model and end-market exposure (packaging, automotive, construction) overlapping SIBUR's basic polymers division.
• LyondellBasell: LyondellBasell is a global leader in polyolefins (PE, PP) and a top-tier integrated petrochemical producer with comparable basic polymers and downstream product lines to SIBUR. Explicitly identified as a SIBUR peer in global petrochemical markets.
• SABIC: SABIC is one of the world's largest integrated petrochemical producers, producing olefins, polyolefins, aromatics, and specialty products across integrated feedstock-to-polymer value chains — the same integrated model SIBUR operates in Russia and export markets. Listed among SIBUR's direct competitors in the MTBE market.
• LG Chem: LG Chem is a leading integrated petrochemical and advanced materials producer with strong positions in polyolefins, synthetic rubbers, and specialty polymers serving the same automotive, packaging, and electronics end-markets as SIBUR.
• Formosa Plastics: Formosa Plastics is one of the largest integrated PVC and polyolefin producers globally, directly comparable to SIBUR's PVC value chain (RusVinyl) and polyolefin operations. Both serve industrial customers with basic petrochemical intermediates and polymers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/siburholding
• Facebookfacebook.com/siburholding
• LinkedInlinkedin.com/company/sibur

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries18 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sibur