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Gazprom Neft, Sibur May Acquire Polymer Plant, Kommersant Says

OAO Gazprom Neft and Sibur Holding may acquire an unfinished polymer plant in the Omsk region of Siberia from Titan Group, which had planned to spend $180 million on the project, Kommersant reported.

When completed, the factory will be able to produce at least 180,000 metric tons of polypropylene a year, the Moscow-based newspaper said.

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