Russia’s state-owned bank and Italian insurer to ink deal to fund OAO Sibur Holding’s PP plant construction in Siberia

Vnesheconombank, Russia’s state-owned development bank and Italian insurer SACE SpA may sign an agreement tomorrow on funding for OAO Sibur Holding’s US$2 bln construction of a 500,000 tpa polypropyleene plant in Tobolsk, Siberia.

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