Investments in Zapsibneftekhim to be $9.5 billion

Sibur will attract about $9.5 billion of investments in the construction of the plant Zapsibneftehim, the company’s release reports.

The total investment in the project amounts to $9.5 billion, Sibur explained. The amount of funds that will be provided by investments of a consortium of investors and commercial banks, is up to $3.3 billion. In addition to the National Welfare Fund’s money, raised in the form of debt financing, money of the Russian Private Equity Fund and international investors, the financing of the project is also carried out at the expense of credit resources of commercial banks and Sibur’s own funds,"- the company reports.

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