SIBUR notes problems with feedstock for Tatarstan plants, hopes to resolve this with Gazprom

ELABUGA (TATARSTAN). Feb 18 (Interfax) - PJSC Kazanorgsintez and PJSC Nizhnekamskneftehim , acquired by SIBUR in October 2021, are experiencing long-term problems with feedstock, according to a presentation given by the petrochemical giant's head, Mikhail Karisalov, at a meeting of Tatarstan Industry and Trade Ministry officials that took place at the Alabuga Special Economic Zone on Friday.

"I will not hide it: issues with feedstock supplies have not been completely solved, neither one asset or another [Kazanorgsintez and NKNH] have not been operating at full capacity for some time now," Karisalov said.

At present SIBUR is in talks with Gazprom and the government of Tatarstan on ways of resolving the problem of supplying the plants with the necessary feedstock volumes. "A lot of work here, in fact - trilateral work, which is quite important for us - the region's leadership, Gazprom, and us - is already underway," Karisalov said.

"All participants of this process are united by a deep conviction, state thinking, and it is from this point of view that I am sure we will resolve this issue," he said.

Nizhnekamskneftekhim is one of the largest producers of synthetic rubbers in the world and of plastics in Russia.

Kazanorgsintez is one of the largest producers of polyethylene and polyethylene pipes in Russia, producing more than 170 kinds of chemical products.