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Tomskneftekhim Increased Ethylene Output By 9.13% to 120,000 Tonnes in H1 2007

23.07.2007

Tomskneftekhim LLC (an enterprise of SIBUR Holding) increased ethylene output by 9.13% to 120,027 tonnes in H1 2007, said in the company's announcement.

Propylene output rose by 5% to 63,603 tonnes, high-pressure polyethylene – by 12% to 114,639 tonnes, polypropylene – by 8.5% to 61,048 tonnes. Butane-butylene cut production made 35,748 tonnes, TSP – 8,415 tonnes.

SIBUR Group is the leader in the petrochemical sector; it covers 34 entities. The 2006-net profit (IAS) was doubled to USD 841.8m. Gazprombank has 75% minus one stock; Leader – 25% plus one stock. The H1 2007 net profit (RAS) rose 14.4% to USD 180m; revenues – 15% to USD 1.24 bln.


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Source: Eurasian Chemical Market

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