OREANDA-NEWS. March 17, 2010. Today SIBUR Vice President - Head of Plastics & Organic Synthesis Business Unit Sergey Merzlyakov represented to the CJSC SIBUR-Khimprom (Perm) work collective Sergey Bagrov, the new Director General. To date Sergey Bagrov held the position of SIBUR Chief Accountant.

Sergey Khlopov, the former Director General of CJSC SIBUR-Khimprom, took up the post of the Deputy Head of the Plastics and Organic Synthesis Business Unit in SIBUR Corporate Centre. He will be in charge of operational activity of the Business Unit. New appointments were made within the Company's managerial personnel turnover and were agreed by The Board of Directors of JSC SIBUR Holding on February 25, 2010.

"SIBUR is out for constant improvement of the managerial team," SIBUR President Dmitry Konov said. "The turnover provides a more efficient approach to development of strategic missions and their realization on production sites."

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Sergey Bagrov was born in 1965 in Leningrad. In 1984 - 1989 he studied economy in Leningrad Institute of Finance and Economics named after N.A. Voznesensky. He held posts of the Vice-President of Directors of the Russian Commercial and Industrial Bank RUSKOBANK (1993-1997), and the Deputy Director of JSC Elektrosila (1997-2003). He has been the Chief Accountant of SIBUR since 2003, and in this capacity Sergey Bagrov supervised, among other things, procedures for accounting of economical and financial activity of the Company, preservation of its property, and cooperation with banks.

CJSC SIBUR-Khimprom, an affiliated society of SIBUR, is the largest petrochemical complex in the Western Urals, founded in 2000 on the basis of three large production operations: gas processing, production of styrene and butyl alcohols. Products are used as raw materials for fuel and paint-and-varnish industries, manufacture of synthetic resins, plastics, rubbers, environmentally friendly motor fuels, and variety of other important products of organic synthesis. The products quality conforms to the best world counterparts. Construction of the largest Russian expandable polystyrene (EPS) production operation of 50 thousand tpy in capacity has been started at SIBUR-Khimprom. It is planned to reconstruct styrene production capacities in order to increase the production volume to 135 thousand tpy, and to construct an ethylbenzene production operation of 220 tpy in capacity.