Sibur Enters the Automotive Components Business
The Sibur Group has sold tyres through its Sibur-Russian Tyres subsidiary for the past eight years, but now it has also turned its attention to other vehicle components. In late June the group’s “Plastic JSC” operation signed a letter of intent with the Sollers group, a Russian manufacturer that produces Fiat, Isuzu and SsanYong vehicles under licence. The focus of the letter is to indentify the main direction future cooperation between these two parties could take in respect to the production and supply of automotive components.