UPDATE 1-Amtel, Sibur in talks on joint Russian tyre venture

Newswire

(Adds details, background) MOSCOW, Jan 31 (Reuters) - Russian-Dutch tyre manufacturer Amtel-Vredestein said on Thursday it was in talks with petrochemical firm Sibur on creating a joint tyre venture, which could help Amtel resolve debt refinancing problems. Amtel said it was in preliminary discussions with Sibur's tyre unit, Sibur-Russian Tyres, and that Sibur might become one of the principal shareholders in the future venture. "As a result of such a business combination, Sibur may ...

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