Air Products to set up industrial gases unit for Sibur in Russia
Air Products will supply industrial gases to Sibur's Perm subsidiary and invest its own cash to build and operate the new air separation unit
BS B2B Bureau B2B Connect | Perm, Russia

Sibur-Khimprom will build relevant facilities and utilities, lease out the site and act as the buyer under fixed price off-take contracts. This deal will help Sibur-Khimprom cut down on industrial gas pricing, improve supply and focus on developing its new and current core operations.
The unit is set to come on stream in 2016. After the commissioning Air Products will supply industrial gases for Sibur-Khimprom over the next 20 years.
This is the fourth Sibur partnership for industrial gases production. Similar projects include facilities in Voronezh (in partnership with Air Products), Dzerzhinsk (with Linde Gas) and Tomsk (with Cryogenmash-Gas).
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First Published: Dec 17 2014 | 6:03 PM IST