OREANDA-NEWS. May 25, 2012. Brunswick Rail, one of the leading Russian private freight railcar operating lessors, announces it has reached an agreement to supply more railcars to SIBUR-Trans, a subsidiary of petrochemicals holding SIBUR.

Under the agreement, Brunswick Rail will supply 150 gas tank cars to SIBUR-Trans for seven years on a long-term operating lease. The 15-1780 model railcar is produced by Poltavhimmash and is designed to transport propane, butane and propane-butane mixes. The first 20 railcars will be delivered to SIBUR-Trans by the end of May, with the remaining 130 arriving by the end of June.

This deal brings the total number of railcars in SIBUR-Trans fleet supplied by Brunswick Rail to 760. The companies signed their first operating lease agreement in May 2011.

Brunswick Rail Deputy CEO and Business Development Director Vladimir Khoroshilov said: "This deal is another step in strengthening our relationship with SIBUR-Trans, and we are delighted that SIBUR continues to entrust us with the transportation security of its business. Given the current shift in demand from gondolas towards specialised rolling stock, we are interested in working closely with companies from the petrochemicals and gas sectors. In the medium term, we plan to increase the number of specialised railcars in our fleet, including gas tank cars, and hope that this will give us the opportunity to further meet our clients’ demand for such rolling stock".

Dmitry Korzh, head of the SIBUR-Trans Commercial Service, said: "Our agreement with Brunswick Rail clearly illustrates why Brunswick Rail is one of the market leaders in the operating leasing market. We are very pleased with the development of our relationship, and look forward to continuing our partnership in future".