Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Rubber Division IEC
    • War in Ukraine
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • ITEC
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • Airless Tires
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • Ask the Expert
    • Healthcare Elastomers Conference
    • Rubber In Automotive Conference
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
October 23, 2015 02:00 AM

Three companies consider SR joint venture

Shahrzad Pourriahi
European Rubber Journal
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Officials from Rosneft, Pirelli and Synthos applaud during a recent ceremony where a memorandum was signed to explore the possibility of creating a synthetic rubber joint venture in Russia.

    MOSCOW—Rosneft, Pirelli S.p.A. and Synthos S.A. have signed a memorandum of understanding (MoU) to study the creation of a synthetic rubber joint venture as part of the three companies' investment in a plant in Nakhodka, Russia.

    According to a Rosneft news release, the three parties took a step closer to finalizing the feasibility study for the synthetic rubber plant construction with officials from the companies signing the MoU in Verona, Italy.

    The signed memorandum, said Rosneft, confirms the possibility of the creation of a joint venture between Rosneft and Synthos in synthetic rubber production in Nakhodka, and the implementation of joint research and development with Pirelli in the area of tire materials.

    The document also outlines the potential for Pirelli to become the key customer of synthetic rubber in line with a memorandum signed between Rosneft and the tire maker in May 2014.

    The MoU also calls for the approval of the feasibility study of the project.

    The proposed rubber plant is part of Rosneft's FEPCO petrochemical project, which plans to use the Russian far eastern port of Nakhodka, near Vladivostok, for access to high margin markets of the Asia-Pacific region.

    “The agreement will allow us not only to build the most advanced synthetic rubber plants … but also to successfully supply Chinese and other Asian automotive tire markets for years to come,” Rosneft chairman Igor Sechin said in a statement.

    “Pirelli's involvement in the process of developing this advanced regional production hub, both on the R&D side and eventually as a key customer, underlines our belief in and commitment to the entire Russian market,” added outgoing Pirelli vice chairman Marco Tronchetti Provera.

    Officials sign the memorandum.

    Pirelli and Rosneft signed an agreement in May 2014 to produce synthetic rubber in Nakhodka and supply Pirelli tire making facilities in Asia-Pacific region.

    In April 2015, the two companies appointed Polish chemical manufacturer Synthos as their technology partner to carry out research, and study production and supply relating to the rubber plant.

    Synthos is one of the largest manufacturers of chemical raw materials in Europe with production facilities in Czech Republic and Poland. The company manufactures emulsion rubbers, polybutadiene rubber and expandable polystyrene.

    Synthetic rubber, which is planned to be produced at the facility, is an environmentally-friendly material used in production of green tires and other high-performance engineering and construction applications.

    Related Articles
    Pirelli, Rosneft sign SR research partner
    Rosneft to acquire stake in ChemChina
    Rosneft, Pirelli to expand cooperation in retail
    ChemChina to acquire SR project from Russian firm
    ChemChina, Rosneft launch feasibility study
    Russian official accused of bribery in chemical firm deal
    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    3M to exit manufacturing of PFAS by end of 2025
    2
    Pros and Cons: A look at 4 emerging sustainable carbon black methods
    3
    Illinois attorney general sues 14 firms over PFAS contamination
    4
    No alternative in sight: Why Michelin is emphasizing sustainability of hevea
    5
    Teknor Apex uses 'world's first' bio-based plastic substitute in new TPE
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Rubber Division IEC
      • War in Ukraine
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • ITEC
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • Airless Tires
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • Healthcare Elastomers Conference
        • Rubber In Automotive Conference
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION