Home / Knowledge / News / Textiles / Sibur 2013 EBITDA falls 4.2%
Sibur 2013 EBITDA falls 4.2%
19
Mar '14
OAO SIBUR Holding, an integrated gas processing and petrochemicals company, published its operational and financial results for the year ended 31 December 2013 in accordance with International Financial Reporting Standards (IFRS).
 
Operational and financial highlights
-Associated petroleum gas (APG) processing volumes increased by 4.8% year-on-year
-Raw natural gas liquids (raw NGL) production increased by 13.6% year-on-year
-Natural gas sales volumes increased by 12.0% year-on-year
-Revenue remained flat compared to 2012
-An increase in revenue from sales of energy products, basic polymers, plastics and organic synthesis products compared to declining revenue from sales of synthetic rubbers, intermediates & other chemicals
-EBITDA decreased by 4.2% year-on-year
-Net cash from operating activities increased by 16.1% year-on-year
-Adjusted profit decreased by 15.2% year-on-year
 
Operational Results
In 2013, SIBUR’s gas processing plants (GPPs), including GPPs operated by OOO Yugragazpererabotka, processed 19.6 billion cubic metres of APG, an increase of 4.8% year-on-year. As a result, production of natural gas rose by 3.6% year-on-year to 17.0 billion cubic metres. Raw NGL production increased by 13.6% year-on-year to 5.3 million tonnes.
 
SIBUR increased sales volumes of the majority of its energy products primarily due to increased hydrocarbon feedstock processing. Natural gas sales volumes rose by 12.0% year-on-year to 11.8 billion cubic metres. External sales of NGLs, including liquefied petroleum gases (LPG), naphtha and raw NGL, rose 18.3% year-on-year to 4.8 million tonnes. Sales volumes of petrochemical products totaled 2.1million tonnes, a decrease of 6.3% year-on-year.
 
Click here to view full results.
 

SIBUR


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search