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CIS GAS MONETISATION

09 – 10 April 2019   |   Moscow, Russia

Kuibyshevazot to attract credit line with limit of 5.2 bln rubles from Sberbank

Posted by GBC on 28-11-2018 

Effective instruments of attracting big, cheap, and long money for chemical investment projects in the CIS market – know more at CIS Petrochemicals 2019

Kuibyshevazot and Sberbank reached the agreement to open a non-revolving credit line with a limit of more than 5 billion rubles for Kuibyshevazot to cover current and planned investments of the company. The due date is set up for Nov 2026.

 

Kuibyshevazon is currently implementing a complex program including revamping of existing production lines and launch of new units. In 2017 6 billion roubles were invested for construction works and upgrade of production lines. Additionally, 2,2 billion roubles have been spent on capital construction works.

Kuibyshevazot is a leading Rusian chemical company, producing caprolactam and its derived products (PA-6, textile and industrial yarns, tire cord, polyamide, and blended fabrics, engineering plastics). It also produces ammonia and nitrogen fertilizers.

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