SIBUR Under Sanctions: Expert Discusses Implications for Kazakhstan's Petrochemical Projects
The UK has sanctioned Russia's SIBUR Holding, raising concerns for Kazakhstan. Expert Olzhas Baidildinov notes SIBUR's significant stakes in KPI (polypropylene) and the upcoming 'Sillen' polyethylene plant. Risks include financing, technology, and equipment procurement for 'Sillen', though KPI's China-focused sales may be less affected.
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