The Siberian-Ural Petrochemical and Gas Company (Sibur), which is 100% owned by Russian energy giant Gazprom (RTS: GAZP), said in a statement ahead of a June 14 general shareholders' meeting that the board had also proposed allocating 87.5 million rubles (about $3.2 million) to a reserve fund being established by the company.
The statement said the meeting would also consider approving tender winner PriceWaterHouse Audit as Sibur's auditing company.
Sibur said Mikhail Karisalov, the former head of the holding's supply and maintenance department, had been appointed general director of SiburTyumenGaz, a major gas processing company.
Sibur Holding is a vertically integrated company that controls the country's entire gas-processing and gas-chemical industry, producing more than 100 petrochemical products. Its charter capital totals 40.1 billion rubles ($1.46 billion) in 1,000-ruble denominated ordinary shares.
