Nizhny Novgorod, 23 August 2010. SIBUR has started on reorganization of its subsidiary
In the years 2001 to 2008, the presence of an interim management team for SIBUR- Neftekhim in Nizhny Novgorod was necessary in order to move the plants out of a
In Kstovo, on the basis of «Neftekhim Plant» there will be registered a new entity
The Dzerzhinsk production sites will remain within
Following the reorganization, the General Director of SIBUR- Neftekhim JSC, Peter Krupnov, will now be employed in SIBUR’s corporate center in the position of Presidential Adviser.
As a result of the reorganization, the two companies will report directly to the SIBUR’s Directorate of Plastics and Organic Synthesis, which will improve management efficiency and reduce the company’s administrative costs. The businesses will have greater operational autonomy.
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