Google AI
The Times Australia

Times Media

SIBUR to expand cooperation with clients in Bangladesh

MOSCOW, RUSSIA - Media OutReach Newswire - 1 July 2025 - SIBUR, Russia's largest producer of polymers and synthetic rubbers, sees potential to increase supplies to Bangladesh following the launch of the Amur Gas Chemical Complex, near the Pacific coast, in 2026.



In late June, SIBUR, represented by executives from both its Moscow headquarters and its Shanghai office, held a client meeting in Dhaka to present its development plans for the country. Polymer consumption in Bangladesh – home to over 170 million people – is growing thanks to economic expansion and contract manufacturing by foreign companies and surpassed 1 million tonnes.

The Amur complex in Russia's Far East will be strategically positioned to serve Asian markets, with Bangladesh being one of the top priorities.

The Amur complex is one of the world's largest polymer production projects, with an annual capacity of 2.3 million tonnes of polyethylene and 0.4 million tonnes of polypropylene. The facility will rank in the first quartile of the global cost curve, ensuring its competitiveness under any price scenario.

SIBUR benefits from access to competitively priced hydrocarbon resources in Russia. Another advantage of Russian polymers is their environmental profile. With new, more efficient production facilities, SIBUR is reducing the carbon footprint of its products.

SIBUR has been supplying materials to Bangladesh for several years already, with shipments expected to reach 50 thousand tonnes in 2025. Once the Amur complex is operational, SIBUR sees potential to supply up to 200,000 tonnes of various polymer grades to Bangladesh, including high-density polyethylene and polypropylene copolymers. These materials are used in packaging, synthetic textiles, and construction – for pipes and insulation materials.

Logistics for local processors will also improve. While SIBUR currently sells products in Bangladesh through partners with delivery to ports, it plans to use warehouses in the country as part of its supply chain, offering flexible delivery terms.

Hashtag: #SIBUR

The issuer is solely responsible for the content of this announcement.

Times Magazine

Melbourne Local Steps Outside Her Comfort Zone to Compete for Miss World Australia 2027

From working in Melbourne real estate, building a career and now stepping into the Miss World Prel...

Award-Winning Author Cara Barilla Writes I Pray for My Teachers to celebrate Sydney Catholic Schools

Following her recognition as the winner of the 2024 Christian Literature Book Awards, Australian aut...

Technology

MISSION 1, MISSION 1 PRO and MISSIO…

Today, GoPro, Inc. (NASDAQ: GPRO) announced that its MISSION 1 Series of compact cinema cameras ha...

Local News

Fitstop Global Games to Bring 1,000…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

Culture

We cannot stop ageing. We can look after the …

Health care can sometimes buy us more time. Beauty treatments can change how we look. The most use...

Travel

School holiday pricing: fair market economics…

Every Australian family with school-aged children knows the pattern. Look at an airfare, hotel ro...

The Times Features

We cannot stop ageing. We can look after the life we ha…

Health care can sometimes buy us more time. Beauty treatments can change how we look. The most use...

The moving dollar: why Australia’s exchange rate is bec…

As the Australian dollar slips against the US currency, import bills rise and some exporters gain ...

What to Consider When Choosing Assisted Living in Sydne…

There comes a point when managing everything at home starts taking more effort than it used to. Th...