SIBUR is the leader of the Russian petrochemical industry and one of the largest companies globally in this sector, with more than 23,000 employees. The Company’s unique vertically integrated business model allows it to create highly competitive products consumed in the chemical, fast moving consumer goods (FMCG), automotive, construction, energy and other industries in 90 countries worldwide.

SIBUR helps to reduce CO2 emissions stemming from the burning of oil extraction by-products, such as associated petroleum gas (APG), by recycling them instead. In 2019, SIBUR processed 22.6 billion cubic metres of APG, thus cutting greenhouse emissions by 72 million tonnes, which is equivalent to the annual CO2 footprint of a middle-sized European country.

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In 2019, SIBUR reported revenue of USD 8.2 billion and EBITDA of USD 2.6 billion. Over the past 10 years, SIBUR has implemented a number of large-scale investment projects worth more than RUB 1 trillion. Each year, the Company spends no less than 70% of its EBITDA to finance its investment programme, while maintaining a balanced debt burden.

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Daria Borisova SIBUR Management Board Member – Executive Director
Dear participants, I would like to extend a warm welcome to you on behalf of SIBUR, Russia’s largest integrated petrochemical business. We are pleased to be a strategic partner of the Skolkovo Foundation’s GreenTech Startup Booster, supported by the Russian Ministry of Natural Resources and Environment. Sustainability is deeply ingrained into SIBUR’s business processes. Last year we approved our 2025 Sustainability Strategy, undertaking a number of public commitments on environmental protection, responsible business conduct, climate impact and a more sustainable product portfolio. The existing global challenges, such as climate change, mounting industrial and consumer waste, and a growing need for stricter environmental regulation are revolutionising our perception of business sustainability. A responsible approach to the environment, industrial footprint mitigation and a productive dialogue with a wider range of stakeholders have become the top priorities of strategic business planning. We are open to all forms of partnership with technology developers who are making a meaningful contribution to business sustainability and are improving the environmental situation in the country. We at SIBUR will be happy to share our expertise and provide you with the necessary support. I wish you the best of luck!

Experts of the GreenTech Startup Booster:

Daria Borisova
SIBUR Management Board Member – Executive Director
Dmitriy Stepkin
Head of Сorporate R&D (Strategic innovations)
Maxim Remchukov
Head of the Sustainable Development Function
Gainullin Anas
Director of the Occupational health and Industrial Safety Function