Both companies will work together to leverage on the digital technologies in production and R&D, and to develop an innovative range of polymers using the plastic additives offered by BASF. In addition, BASF will support with its technical expertise the development of new technology tests at PolyLab, the main R&D hub of SIBUR NIOST, and SIBUR’s production facilities. The companies plan to also jointly develop new high-performance additive solutions, focusing on highly demanding converting conditions for polymers and specifically targeting long term durable goods. They will promote these new solutions at joint technical events to educate SIBUR’s customers and industry players.
“The new agreement extends our strategic partnership with one of the global chemical majors and unlocks new opportunities for all consumers of polymer products. Combining the extensive knowhow from both companies, we will develop modern synthetic materials that are advanced and sustainable,” said Pavel Lyakhovich, member of the Management Board and Managing Director, OOO SIBUR.