Strong Profits and Litigation: The SIBUR Reporting Paradox
SIBUR’s 2025 financial statements demonstrate the performance of a sustainable industrial business. Revenue exceeded 1 trillion rubles, EBITDA margin reached 35.2%, and net profit amounted to 205 billion rubles. Despite declining global polymer prices and a cooling of business activity in Russia, the company maintained high profitability and continued its investment program. ; At first glance, we are talking about a company that has passed the peak of capital expenditures and is entering the stage of sustainable cash flow generation. Judicial statistics Parallel to the publication of financial results, a series of lawsuits related to the company’s Eurobonds continues in Russian arbitration courts. As of early 2026, at least 50 lawsuits have been filed against PJSC SIBUR Holding. The claimants include private investors, banks, and professional participants in the Russian securities market. Cases are being heard in courts across Russia: in Moscow, St. Petersburg, ...
