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Rosneft Thoroughly Studying Construction Of Rubber Plant In Armenia

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  • Rosneft Thoroughly Studying Construction Of Rubber Plant In Armenia

    ROSNEFT THOROUGHLY STUDYING CONSTRUCTION OF RUBBER PLANT IN ARMENIA - VOLINKIN

    YEREVAN, February 11. /ARKA/. Russian Rosneft is thoroughly looking
    into construction of a rubber plant in Armenia, Russian ambassador
    to Armenia Ivan Volinkin said in responding reporter's question about
    the company's plans on Nairit chemical plant in Yerevan.

    It is a complicated issue, and Rosneft is trying to find a mutually
    beneficial solution, the ambassador said. The company is considering
    construction of a rubber plant for eco-friendly tire production,
    together with Pirelli, Volinkin said in his interview to Armenian
    Public TV channel.

    On December 25, 2013, Rosneft, Pirelli Tire Russia and Rosneft-Armenia
    signed a memorandum of understanding in Yerevan to set up a joint
    venture for butadiene-styrene rubber production.

    Nairit specialists were doing more or less the same in the old
    plant, which means they should be demanded in the new production,
    the diplomat said.

    Earlier, Armenia's premier Tigran Sargsyan said Rosneft was planning to
    invest 400 million dollars in construction of a new plant in Armenia.

    Nairit was the only plant in the Soviet Union producing chloroprene
    rubber. The plant was closed in 1989 for environmental reasons and
    resumed operating partially in 1992. In 2006, 90% of Nairit's shares
    were sold to British Rainoville Property Limited for $40 million. The
    remaining 10% belong to the Armenian government. The plant operations
    were suspended in 2010. -0--

    - See more at:
    http://arka.am/en/news/economy/rosneft_thoroughly_studying_construction_of_rubber _plant_in_armenia_volinkin/#sthash.5DUYPCsZ.dpuf

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