The shareholders of PJSC SIBUR Holding elected members to the Board of Directors at the extraordinary general meeting to include a representative of Chinese Sinopec Group, the new shareholder of SIBUR.
The Company’s Board of Directors now includes:
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), was not re-elected to the Board of Directors because of his application to resign from the Board of Directors of PJSC SIBUR Holding submitted on 9 December 2015.
This equipment will significantly lower the site’s CO2 emissions, reduce flaring and save around 60 gigawatt hours (GWh) energy each year. Project kick-off is in February 2021, with completion planned for 2023.
The acquisition significantly strengthens and expands Grace’s existing pharma portfolio. Pharma & Consumer is the largest, fastest growing and most profitable subsegment within Grace’s Materials Technologies business.
Solvay says it has decided to organize its soda ash and derivatives business into a separate and fully controlled legal structure.