TAIF Group, which includes NKNKh and Kazanorgsintez, merges its oil and gas chemical businesses with Sibur. According to the agreements reached Sibur will receive 51% of TAIF's shares in exchange for 15% of shares of the united company. The remaining TAIF's stake can be later bought by the merged company. After completion of all investment projects the united company will be among top-5 global leaders in polyolefins and rubbers production with combined capacities of 8 mln tons of polyolefins and 1.2 mln tons of rubbers.
TAIF Group, which includes NKNKh and Kazanorgsintez, merges its oil and gas chemical businesses with Sibur. According to the agreements reached Sibur will receive 51% of TAIF's shares in exchange for 15% of shares of the united company. The remaining TAIF's stake can be later bought by the merged company. After completion of all investment projects the united company will be among top-5 global leaders in polyolefins and rubbers production with combined capacities of 8 mln tons of polyolefins and 1.2 mln tons of rubbers. 
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