The plant will be located in the city of Nakhodka, 85 km east from Vladivostok at the Pacific Ocean, within the framework of the FEPCO (Far East Petrochemical Company) petrochemical cluster. Synthos will be acting as a technological and production partner.

The document envisages the performance of the feasibility study for the project, which will include plant engineering designs and operational requirements, market studies, capital investments and operating costs estimates. Moreover the parties express their intentions of using FEPCO petrochemical cluster, which is situated in Nakhodka, for synthetic rubber production for the purpose, among other things, of supplies to Pirelli‘s own tire production facilities in Asia-Pacific region. Above all, Rosneft, Synthos and Pirelli show intention to develop experimental projects in this area.

Synthos is a large manufacturer of chemical raw materials in Europe with production facilities i.a. in Czech Republic and Poland. The company is, as Rosneft says, the first European manufacturer of emulsion rubbers and a leading manufacturer of polybytadiene rubber and expandable polystyrene.

(dw)

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