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2016-12-15 18:40:00

ROSNEFT - CHEMCHINA AGREEMENT

СОГЛАШЕНИЕ РОСНЕФТИ И CHEMCHINA

ROSNEFT - Rosneft and the China National Petrochemical Company (ChemChina) signed a Heads of Agreement on establishing a Joint Venture. The document was signed by Rosneft Chief Executive Officer Igor Sechin, and General Manager of ChemChina Yang Xingqiang.

According to the terms of the document, the parties will establish a joint venture in the Bolshoy Kamen priority development territory in Primorsky Krai, Russia, to build a plant and a polymer coatings and paints facility with an annual capacity of 50 thousand tons, as well as implement R&D activities. In that regard, Rosneft and ChemChina will conduct a feasibility study of the project and carry out the necessary preparations to set up a joint venture. As a result of the project implementation, the largest facility to produce special marine and arctic vessel coatings, a leader in this segment, will be established in Russia.

The plant's production will find its application at the Zvezda shipbuilding complex in the Russian Far East, being constructed under the order of the President of Russia Vladimir Putin. In particular, Rosneft and ChemChina will establish a working group to develop new polymer coatings for ships of various classes, including Arctic class vessels.

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Earlier:

ROSNEFT: 

ROSNEFT SUCCESSFUL DEAL 

ENI - ROSNEFT DEAL 

ROSNEFT SOLD: €10.5 BLN 

ROSNEFT DOWN 62% 

ROSNEFT & BGC DEAL: $1.1 BLN 

ROSNEFT & BP: YERMAK NEFTEGAZ 

ROSNEFT WILL BUY INDIA 

ROSNEFT BOUGHT BASHNEFT 

ROSNEFT'S STRATEGIC INVESTMENT 

ROSNEFT SOLD $2 BLN

 

CHEMCHINA: 

RUSSIAN-CHINESE PROJECT 

ROSNEFT & CHEMCHINA COOPERATION

 

 

Tags: ROSNEFT, CHEMCHINA, RUSSIA, CHINA, РОСНЕФТЬ, РОССИЯ, КИТАЙ