On March 18, OJSC SIBUR Holding increased its share in the authorized capital of Tobolsk-Neftekhim LLC to 100% from 53.7037%, the company informed.
SIBUR Holding (tax number: 7727547261) is the largest Russian manufacturer of petrochemical goods, in particular, rubbers, tires, polymers and liquefied gases. In 2011, SIBUR processed more than 18 billion cubic meters of associated gas. The sole shareholder of SIBUR Holding is SIBUR Ltd. (Cyprus). The beneficiaries of SIBUR Ltd as of October 27, 2011 were: Leonid Mikhelson (57.5%), Gennady Timchenko (37.5%), and the management of SIBUR Holding (5%).
Net profit (IFRS) of OJSC SIBUR Holding for H1 2012 decreased by 8.7% to RUB 29.662 billion from RUB 32.499 billion for H1 2011. Revenue increased by 12.6% to RUB 136.926 billion from RUB 121.586 billion, EBITDA shrank by 5.1% to RUB 42.562 billion from RUB 44.836 billion.
According to the information and retrieval system DataCapital, net profit (RAS) of SIBUR Holding for 2011 was RUB 94.6 billion. Net profit (RAS) of CJSC SIBUR Holding for Q1 2012 decreased by 27.15% to RUB 14.583 billion. Revenue grew by 5.4% to RUB 59.669 billion from RUB 56.613 billion, GP decreased by RUB 23.524 billion from RUB 25.474 billion.