Latest news with #SIBUR
The Sun
17 hours ago
- Business
- The Sun
SIBUR unveils updated sustainability strategy through 2030
MOSCOW, RUSSIA - Media OutReach Newswire - 6 June 2025 - SIBUR, Russia's largest producer of polymers and rubbers, has successfully concluded its five-year sustainability strategy and presented new targets for the next five-year period, 2025–2029. By 2030, the company aims to recycle at least 600,000 tonnes of plastic waste through its own and partner initiatives, including through the expansion of contract manufacturing for processing various types of plastics. In 2024, SIBUR recycled 111,000 tonnes of polymer waste, surpassing its target of 100,000 tonnes per year. Over the next five years, SIBUR plans to increase its annual output of sustainable products – those made with lower greenhouse gas (GHG) emissions or that incorporate recycled or bio-based feedstock – to 400,000 tonnes. For comparison, the company produced 287,000 tonnes of such products in 2024. 'Polymers are becoming an essential element in the global energy transition and green economy; their role in reducing emissions and improving energy efficiency is only growing,' said Nadezhda Galaktionova, Head of Sustainability and Climate Solutions at SIBUR. 'That's why we were the first company in Russia to make increasing revenue from sustainable product sales a specific financial target in our ESG strategy.' Another ambitious goal set by SIBUR for 2025–2029 is the development, implementation and scaling of chemical recycling technologies for mixed plastics (thermolysis). This innovative approach aims to significantly improve plastic waste management in Russia. In the next five years, SIBUR intends to achieve carbon neutrality at two more facilities through improved energy efficiency, purchases of green electricity, and the allocation of carbon units. Under the previous strategy, the company's SIBUR-PETF plant in the Tver region became Russia's first carbon-neutral production site. By 2030, SIBUR also plans to reduce its GHG emissions per tonne of product by 10% compared with 2024 levels and to support at least two nature-based climate projects. Under the previous strategy, the company verified over 3 million carbon units from climate projects at its facilities and planted more than 5 million trees. The new strategy also targets a 10% reduction in water consumption for operational needs. By 2030, SIBUR aims to increase the percentage of women in engineering and production roles at the company to at least 30% and to provide additional support for working mothers.
Malay Mail
18 hours ago
- Business
- Malay Mail
SIBUR unveils updated sustainability strategy through 2030
MOSCOW, RUSSIA - Media OutReach Newswire - 6 June 2025 - SIBUR, Russia's largest producer of polymers and rubbers, has successfully concluded its five-year sustainability strategy and presented new targets for the next five-year period, 2025– 2030, the company aims to recycle at least 600,000 tonnes of plastic waste through its own and partner initiatives, including through the expansion of contract manufacturing for processing various types of plastics. In 2024, SIBUR recycled 111,000 tonnes of polymer waste, surpassing its target of 100,000 tonnes per the next five years, SIBUR plans to increase its annual output of sustainable products – those made with lower greenhouse gas (GHG) emissions or that incorporate recycled or bio-based feedstock – to 400,000 tonnes. For comparison, the company produced 287,000 tonnes of such products in 2024."Polymers are becoming an essential element in the global energy transition and green economy; their role in reducing emissions and improving energy efficiency is only growing," said Nadezhda Galaktionova, Head of Sustainability and Climate Solutions at SIBUR. "That's why we were the first company in Russia to make increasing revenue from sustainable product sales a specific financial target in our ESG strategy."Another ambitious goal set by SIBUR for 2025–2029 is the development, implementation and scaling of chemical recycling technologies for mixed plastics (thermolysis). This innovative approach aims to significantly improve plastic waste management in the next five years, SIBUR intends to achieve carbon neutrality at two more facilities through improved energy efficiency, purchases of green electricity, and the allocation of carbon units. Under the previous strategy, the company's SIBUR-PETF plant in the Tver region became Russia's first carbon-neutral production 2030, SIBUR also plans to reduce its GHG emissions per tonne of product by 10% compared with 2024 levels and to support at least two nature-based climate projects. Under the previous strategy, the company verified over 3 million carbon units from climate projects at its facilities and planted more than 5 million new strategy also targets a 10% reduction in water consumption for operational needs. By 2030, SIBUR aims to increase the percentage of women in engineering and production roles at the company to at least 30% and to provide additional support for working #SIBUR The issuer is solely responsible for the content of this announcement.
Arabian Post
a day ago
- Business
- Arabian Post
SIBUR unveils updated sustainability strategy through 2030
MOSCOW, RUSSIA – Media OutReach Newswire – 6 June 2025 – SIBUR, Russia's largest producer of polymers and rubbers, has successfully concluded its five-year sustainability strategy and presented new targets for the next five-year period, 2025–2029. By 2030, the company aims to recycle at least 600,000 tonnes of plastic waste through its own and partner initiatives, including through the expansion of contract manufacturing for processing various types of plastics. In 2024, SIBUR recycled 111,000 tonnes of polymer waste, surpassing its target of 100,000 tonnes per year. Over the next five years, SIBUR plans to increase its annual output of sustainable products – those made with lower greenhouse gas (GHG) emissions or that incorporate recycled or bio-based feedstock – to 400,000 tonnes. For comparison, the company produced 287,000 tonnes of such products in 2024. ADVERTISEMENT 'Polymers are becoming an essential element in the global energy transition and green economy; their role in reducing emissions and improving energy efficiency is only growing,' said Nadezhda Galaktionova, Head of Sustainability and Climate Solutions at SIBUR. 'That's why we were the first company in Russia to make increasing revenue from sustainable product sales a specific financial target in our ESG strategy.' Another ambitious goal set by SIBUR for 2025–2029 is the development, implementation and scaling of chemical recycling technologies for mixed plastics (thermolysis). This innovative approach aims to significantly improve plastic waste management in Russia. In the next five years, SIBUR intends to achieve carbon neutrality at two more facilities through improved energy efficiency, purchases of green electricity, and the allocation of carbon units. Under the previous strategy, the company's SIBUR-PETF plant in the Tver region became Russia's first carbon-neutral production site. By 2030, SIBUR also plans to reduce its GHG emissions per tonne of product by 10% compared with 2024 levels and to support at least two nature-based climate projects. Under the previous strategy, the company verified over 3 million carbon units from climate projects at its facilities and planted more than 5 million trees. The new strategy also targets a 10% reduction in water consumption for operational needs. By 2030, SIBUR aims to increase the percentage of women in engineering and production roles at the company to at least 30% and to provide additional support for working mothers. Hashtag: #SIBUR The issuer is solely responsible for the content of this announcement.
Zawya
a day ago
- Business
- Zawya
SIBUR unveils updated sustainability strategy through 2030
MOSCOW, RUSSIA - Media OutReach Newswire - 6 June 2025 - SIBUR, Russia's largest producer of polymers and rubbers, has successfully concluded its five-year sustainability strategy and presented new targets for the next five-year period, 2025–2029. By 2030, the company aims to recycle at least 600,000 tonnes of plastic waste through its own and partner initiatives, including through the expansion of contract manufacturing for processing various types of plastics. In 2024, SIBUR recycled 111,000 tonnes of polymer waste, surpassing its target of 100,000 tonnes per year. Over the next five years, SIBUR plans to increase its annual output of sustainable products – those made with lower greenhouse gas (GHG) emissions or that incorporate recycled or bio-based feedstock – to 400,000 tonnes. For comparison, the company produced 287,000 tonnes of such products in 2024. "Polymers are becoming an essential element in the global energy transition and green economy; their role in reducing emissions and improving energy efficiency is only growing," said Nadezhda Galaktionova, Head of Sustainability and Climate Solutions at SIBUR. "That's why we were the first company in Russia to make increasing revenue from sustainable product sales a specific financial target in our ESG strategy." Another ambitious goal set by SIBUR for 2025–2029 is the development, implementation and scaling of chemical recycling technologies for mixed plastics (thermolysis). This innovative approach aims to significantly improve plastic waste management in Russia. In the next five years, SIBUR intends to achieve carbon neutrality at two more facilities through improved energy efficiency, purchases of green electricity, and the allocation of carbon units. Under the previous strategy, the company's SIBUR-PETF plant in the Tver region became Russia's first carbon-neutral production site. By 2030, SIBUR also plans to reduce its GHG emissions per tonne of product by 10% compared with 2024 levels and to support at least two nature-based climate projects. Under the previous strategy, the company verified over 3 million carbon units from climate projects at its facilities and planted more than 5 million trees. The new strategy also targets a 10% reduction in water consumption for operational needs. By 2030, SIBUR aims to increase the percentage of women in engineering and production roles at the company to at least 30% and to provide additional support for working mothers. Hashtag: #SIBUR The issuer is solely responsible for the content of this announcement. SIBUR
Malay Mail
30-05-2025
- Business
- Malay Mail
SIBUR Develops New Polymer Grades for Medical and Packaging Applications
MOSCOW, RUSSIA - Media OutReach Newswire – 30 May 2025 - SIBUR, Russia's largest producer of polymers and rubbers, has developed new product grades tailored for the medical industry and e-commerce packaging.A new grade of polypropylene resistant to radiation exposure can be used in the production of test tubes, containers, and other medical items that undergo radiation sterilisation. These products retain their original strength, transparency, and colour after confirm its radiation resistance, the material was subjected to a dose 40% higher than standard. The results demonstrated the material's high reliability: it maintained its properties and met customer requirements even under increased exposure. This grade of polypropylene has excellent export Polylab, the company's R&D centre, has also developed a new material formula for e-commerce courier bags that combines low- and high-density polyethylene. This innovation reduced the bags' weight by up to 30% without compromising their courier bags feature tamper-evident seals, protect against moisture and contaminants, and allow for direct printing of unique QR codes on the surface without labels. Compared with cardboard boxes, this type of packaging lowers delivery costs due to its smaller size and lighter 2024, SIBUR enhanced its corporate structure by transitioning to industry-specific divisions. Each division focuses on the development and implementation of polymer solutions for specific sectors, including healthcare, packaging, construction, automotive, and others. This approach fosters both sales growth and Russian market remains SIBUR's top priority, though the company also exports products to China, Vietnam, and other Asian countries. In 2026, SIBUR plans to launch the Amur Gas Chemical Complex, with a production capacity of 2.7 million tonnes of polyethylene and polypropylene per year, which will help expand exports to Southeast #SIBUR The issuer is solely responsible for the content of this announcement.
