Sibur and TransContainer sign LOI on shipment of ZapSibNeftekhim polymer products

Russian chemical firm Sibur Holding and TransContainer have entered into a letter of intent (LOI) outlining joint plans for transportation of polymer products across Russia and abroad.

The LOI was signed on the sidelines of the 24th TransRussia International Exhibition for Transport and Logistics Services and Technologies by Vyacheslav Sarayev, TransContainer’s CEO, and Oleg Makarov, Sibur’s Management Board member and Executive Director.

As stated in the LOI, TransContainer intends to provide Sibur with transportation services to deliver ZapSibNeftekhim products to Southeast Asia, primarily China, in 40-ft rail containers.

To ensure on-going delivery, TransContainer commits to having sufficient number of containers permanently available at Sibur’s terminal in Tobolsk.

“The proposed partnership with TransContainer will facilitate timely and efficient delivery of products from ZapSibNeftekhim polyolefin facilities scheduled for completion in Q2 2019,” said Oleg Makarov, member of Sibur’s Management Board and Executive Director.

“We offer reliable delivery to major industry players helping them transport feedstock, components and end products. In addition, we are striving to provide new services in transportation and logistics, including high-speed container trains for ZapSibNeftekhim,” said Vyacheslav Sarayev, TransContainer’s CEO