Wednesday, September 23, 2009

Russian state-run bank offers credit line to Tobolsk-Polymer LLC

Russia’s state run bank -Vnesheconombank, has opened a US$153 mln credit line for Tobolsk-Polymer LLC, a subsidiary of SIBUR Holding, Russia's largest petrochemical company. The funds will be used to finance the construction of a polypropylene production complex in Tobolsk (Tyumen region) with a capacity of 500,000 tpa.

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