Russian petrochemicals giant Sibur has recovered from the initial shock of the pandemic and is increasing its exports, mainly to Europe, thanks to surging demand for medical equipment, a senior executive told Reuters.
More commonly known as plastics, polymers have played an increasingly important role in ensuring our health and safety throughout the pandemic. As we are gradually approaching normality and learning to live with and through COVID-19, it is about time we should embrace an accelerated transition to a circular economy.
Russia’s next phase of renewables energy development looks like it won’t be as well-funded by the state as planned. That said, the announced cuts could have been worse, and corporates are stepping up plans to mitigate carbon.
Sustainability will remain a top priority for Russian petrochemical producer Sibur in 2021and its joint-venture Amur Gas Chemical Complex is expected to be at the forefront of the company's environmental, social and governance efforts, Sibur International CEO Andrey Frolov said
In addition to robust bilateral trade, projects such as the Amur Gas Chemical Complex which will supply polythene and polypropylene to China, the Power of Siberia pipeline and de-dollarisation efforts by both countries bode well for the future
18 AUGUST 2020 | Wall Street Journal | Georgi Kantchev
Coronavirus presented global businesses with several challenges – from enhanced safety protocols to supply chain disruptions and everything in between. However, while many market stakeholders predicted issues with attracting new funding, investment-grade companies have managed to largely overcome them.