At the 13th China International Rubber Technology Exhibition on November 13, 2013, the Russian gas processing and petrochemical company Sie Bohr told reporters that it is actively promoting a joint venture project with Sinopec, which will be established in Shanghai. Nitrile rubber and polyisoprene rubber two production plants.

Mr. Mikhail, Minister of Elastomers, Siebel Corporation? Golkin said that the annual production capacity of the two plants will be 50,000 tons respectively. After the completion, the joint venture will use Sibur's patents and processes.

“China is an important market for Sibur, especially synthetic rubber. In 2012, the synthetic rubber sold by Seble to China accounted for 19% of the company’s exports of synthetic rubber.” Mikhail Gorkin further explained that In 2012, the main products Siebold sold in China were synthetic rubber , plastics and organic synthetic products, and basic polymers, which were 49,500 tons, 43,500 tons and 37,000 tons, respectively.

In fact, the cooperation between Sibur and Sinopec has already begun. At present, the two petrochemical giants have established a joint venture company based on a synthetic rubber plant in Krasnoyarsk, Russia, and Sinopec owns 25% of the company's open-ended stocks. Sibur disclosed that the plant's production capacity will be expanded from 42.5 thousand tons to 56,000 tons per year.

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