News

September 2024: Engineering preparation works have commenced as part of the polyethylene production project implementation – 92 units of specialized equipment and 127 personnel mobilized on site by Kazakhstani company BI Industrial. January 2025: The actual progress of engineering preparation is at 32%, significantly ahead of the planned target of 22%. Vertical planning works for […]

Representatives of public organizations from the Atyrau region visited enterprises involved in the processing of polymer raw materials and the production of finished products in the region. At Grand Materik LLP, the participants were introduced to the new polyethylene sack production facility with an annual capacity of 5,000 tons. The equipment is currently assembled and […]

On April 17-19, 2024, delegations of two shareholders of Sileno LLP, headed by Mikhail Karisalov, Chairman of the Board of Sibur LLC, and Jao Dong, President of China Petrochemical Corporation, were in Astana. Within the framework of this visit, a number of important meetings were held on the implementation of the project for the production […]

On September 26, 2023, in Hamburg, NC KazMunayGas JSC and German export credit agency Euler Hermes signed a Memorandum of Understanding. The purpose of the Memorandum is to strengthen relationship between parties and intensify efforts to promote trade and investment between our countries. Under the Memorandum, Euler Hermes’ role is to support German companies by […]

Moscow. May 18. INTERFAX.RU — KazMunayGas (KMG) and China Petroleum & Chemical Corporation (Sinopec) signed an agreement on principles regarding the joint implementation of a project for the production of polyethylene in the Atyrau region of Kazakhstan, the press service of KMG reported. The agreement was signed on May 18 during the state visit of […]

Moscow. November 25. INTERFAX.EN — The head of KazMunayGas (KMG) Magzum Mirzagaliyev and the head of SIBUR Mikhail Karisalov discussed issues of cooperation in the framework of projects for the production of polypropylene and polyethylene in Moscow, the Kazakh company reported. The management of KMG informed the partners about the beginning of the design of […]

The total volume of investments of Sibur and Kazakhstan’s Kazmunaygas in the construction of an integrated gas chemical complex for the production of polyethylene within the framework of the joint venture (JV) Sileno in Kazakhstan is estimated at $7.6 billion. This is stated in the draft resolution of the Government of Kazakhstan on the comprehensive […]