Finance
Russia's Sibur set to restart drone-hit petchem plant in March
Published by Global Banking & Finance Review®
Posted on February 13, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 13, 2025
1 min readLast updated: January 26, 2026
Sibur's Kstovo plant, halted by a drone attack, is set to resume operations in March. The plant produces key petrochemicals like ethylene and propylene.
MOSCOW (Reuters) - Russia's largest petrochemicals company, Sibur, plans in the first half of March to resume output at a plant that was suspended last month after a Ukrainian drone attack, a source familiar with company's plans told Reuters on Thursday.
The company said on January 29 that it had temporarily suspended production at its plant in the city of Kstovo, some 530 kilometres (330 miles) east of Moscow in the Nizhny Novgorod region.
It said the drone attack had led debris to fall onto the plant and caused a fire. There were no casualties.
The Sibur-Kstovo plant produces ethylene, propylene and benzene that are used in the production of items including plastic pipes, window frames and linoleum.
The company does not comment on the possible timings for the resumption of operations.
(Reporting by Reuters; editing by Barbara Lewis)
The main topic is the planned resumption of operations at Sibur's Kstovo petrochemicals plant after a drone attack.
The Kstovo plant produces ethylene, propylene, and benzene, used in products like plastic pipes and window frames.
No casualties were reported from the drone attack on the Sibur-Kstovo plant.
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