Business Daily Media

Men's Weekly

.

SIBUR Produces Test Batch at First Hexene Facility in Russia and CIS

MOSCOW, RUSSIA - Media OutReach Newswire - 28 August 2025 - SIBUR has produced the first test batch of hexene – a key component in the production of premium grades of polyethylene – at the first hexene facility in Russia and the CIS.

The company plans to supply the product both to the domestic market and for export to the CIS and Asian countries, including China and India.

Total investment in the project amounted to RUB 28.5 billion. The plant's capacity exceeds 50 thousand tonnes per year, enabling annual production of more than 3 million tonnes of high-grade polyethylene.

Premium grades of polyethylene produced with hexene offer enhanced strength, optical properties and resistance to external factors. Products based on this component are used to manufacture high-strength items such as pipes with an extended service life; packaging, including caps and lids for beverages; containers for household chemicals, cosmetics and medications; high-strength films; and other products with elevated performance requirements, including films and packaging that require exceptional strength and reliability.

The plant, located in Nizhnekamsk, is currently at the start-up and commissioning stage, with a phased ramp-up to full design capacity planned during the third quarter of 2025. The new facility is based on proprietary technology developed by SIBUR's in-house scientists and designers.

Igor Klimov, a member of SIBUR's Management Board, said the following:

"Completion of the hexene production facility is a landmark event for Russian and global petrochemicals and an important step towards technological sovereignty. This proprietary development will not only enable us to fully meet domestic demand for this critical product but will also expand our range of high-grade polymers considerably, strengthening the country's position in the global market. This project is a clear example of how innovation, strong localisation and environmental stewardship can create a foundation for the sustainable development of both the industry and Russia's regions."

Hashtag: #SIBUR

The issuer is solely responsible for the content of this announcement.

News from Asia

Phuket Sees Increasing Number of Americans Looking to Buy Property for Lifestyle and Investment

Growing international demand, strengthened long-haul connectivity, and the continued evolution of Laguna Phuket are reinforcing Thailand's largest island as a secure, globally connected and structu...

Phuket Strengthens Position as a Secure International Residential Destination for Global Families

Growing international demand, strengthened long-haul connectivity, and the continued evolution of Laguna Phuket are reinforcing Thailand's largest island as a stable, private, and internationally a...

Wealth for Good in Hong Kong Summit to be held next Tuesday to chart new milestone in global family office succession

HONG KONG SAR - Media OutReach Newswire - 20 March 2026 - The Government announced that the Wealth for Good in Hong Kong (WGHK) Summit will return next Tuesday (March 24)...

Hundreds of Countries, Thousands of Cities, Ten Thousand Events’ Cloud Taiji Global Flash Mob Held at Wudang Mountain in Shiyan, China

SHIYAN, CHINA - Media OutReach Newswire - 22 March 2026 - On March 21, the world's first "International Taijiquan Day," jointly organized by the Wushu Sports Administration Center of the General A...

From AI to Sustainability, Five Key Skills Singapore’s Workforce Will Need in 2026

SINGAPORE - Media OutReach Newswire - 23 March 2026 - Singapore's economy continues to evolve amid rapid technological change and sustainability priorities, workforce capabilities are expected to ...

Singapore cybersecurity firms showcase SME-focused innovations to counter rising cyber threats at RSAC 2026 Conference

SINGAPORE - Media OutReach Newswire - 23 March 2026 - As cyber threats intensify globally, the World Economic Forum (WEF) projects that the global economic impact of cyberattacks will surge from U...

Cathay Pacific Expands Global Partnership with Adyen

Adyen’s direct acquiring solution boosts performance for Hong Kong’s home carrier in the world’s most dynamic markets SINGAPORE - Media OutReach Newswire - 23 March 2026 - Adyen, the global...

MSIG Helper Insurance unveils new campaign: ‘Assured Helper, Confident Employer’

To strengthen MSIG’s leading position in the Helper Insurance market HONG KONG SAR - Media OutReach Newswire - 23 March 2026 – MSIG Insurance (Hong Kong) Limited ("MSIG") today announced the laun...

Vincom Retail unites hundreds of partners to pioneer the future of retail in Vietnam

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 23 March 2026 - On March 20, 2026, in Ho Chi Minh City, Vincom Retail hosted the event "The New Era - Partnering to Shape the Future", welcomi...

DFI Reinforces Commitment to People, Products and Planet in 2025 Sustainability Disclosure

HONG KONG SAR - Media OutReach Newswire - 23 March 2026 - DFI Retail Group (DFI or the Group) is pleased to announce its 2025 Sustainability Disclosure, highlighting the Group's continued progress...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

AI curiosity fuels new wave of employee-led innovation in Australia

Leaders across Australia are asking themselves how they can ensure their employees get the most out of AI. We recently conducted research to help an...