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Rosneft and Pirelli in rubber project talks in Russia, Rosneft to take stake in Pirelli

1:45 PM MDT | May 20, 2014 | Natasha Alperowicz

Rosneft (Moscow) chairman Igor Sechin has held negotiations with Pirelli top management, including Marco Tronchetti Provera, CEO of Pirelli & C., on cooperation in synthetic rubber production at Nakhodka, in far eastern Russia. Rosneft last year signed a memorandum of understanding (MOU) with Mitsui & Co. to develop the Vostochnaya Neftekhimicheskaya petrochemical project near Nakhodka. Pirelli and Rosneft have also discussed other cooperation opportunities within the complex.   The Nakhodka complex will include a steam cracker designed to...

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