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Rosneft and Pirelli will produce environmentally friendly rubber in Nakhodka
Rosneft announces the signing of a memorandum on May 24 with the Italian company Pirelli & K. S.p.A. (Pirelli & CSpA) on mutual understanding in the production and supply of synthetic rubber in Nakhodka.
The parties plan to consider the possibility of using the petrochemical cluster of the Eastern Petrochemical Company (VNHK) in the city of Nakhodka for the production of environmentally friendly synthetic rubber. The material is planned to be used in the production of "green tires" at the enterprises of Pirelli in the Asia-Pacific region. This type of rubber is interesting in that it improves grip on wet and dry roads and helps to reduce fuel consumption.
The memorandum also includes the intention of the parties to conduct joint research and development work.