MOSCOW: Sibur, Russia鈥檚 largest producer of petrochemicals, and Russian state investment fund RDIF on Thursday signed a memorandum of understanding with energy company Saudi Aramco to exploit possible cooperation in Russia and 黑料社区.
The companies plan to evaluate the potential of the petrochemical markets of both countries and consider the possibility of expanding cooperation, Sibur said in a statement.
鈥淭he partnership with one of 黑料社区鈥檚 biggest petrochemical companies will allow Sibur to develop its expertise and sales areas and to study ; the Middle East market,鈥� Sibur Chairman Dmitry Konov said.
Russian Energy Minister Alexander Novak was quoted as saying on Wednesday that Sibur would sign a $1.1 billion (SR4.12 billion) agreement to build a gas chemical plant in 黑料社区.
Russia鈥檚 Sibur, Saudi Aramco agree to explore possible cooperation
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