Sibur doesn’t intend to change its dividend policy in connection of Sinopec’s entrance into its capital
Edited by Rhod Mackenzie / 2015-09-08 06:29:59
China Refining Russia Petrochemicals PolymerUpdate Sinopec Sibur China Oil and Gas Production and Refining
Sibur, the largest petrochemical company in Russia and Eastern Europe, won’t change its dividend policy in connection with the entrance of Sinopec in its shareholders' equity, head of Sibur Dmitry Konov reported.
"No," - he replied to a question about whether the discussion with Sinopec on change in the dividend policy was conducted. He clarified that the dividends would remain unchanged.