The NDB loan through the modality of Non-Sovereign Project Loan was used by SIBUR for construction of general infrastructure, and to a large extent for the financing of environmental protection measures.

The objective of the Project was to construct general purpose infrastructure including facilities that contribute to protecting environment, saving water and energy resources through modern and clean technologies for reduced environmental impact. The Project is in alignment with the NDB’s objective to promote infrastructure and sustainable development.

The Project was completed, commissioned, and put into operations.

The Project was classified as category A in accordance with NDB’s Environment and Social Framework (ESF). It was also categorized as highest E&S category by the Russian environmental regulations, and, classified as Category A by the Equator Principles and IFC E&S performance Standards.