Pirelli and Rosneft, as part of the agreement signed last May for the production and supply of synthetic rubber in Nakhodka, today reached a new agreement which provides for, on the basis of a short list, the identification within three months of a technology partner for further development of rubber business, including Styrene-Butadiene Rubber (SBR), in that region.
According to the terms of the Memorandum of Understanding (MOU), Rosneft and the future partner will analyze ways to start a joint production of synthetic rubber in Nakhodka, while Pirelli will collaborate in related R&D activities. For Pirelli, the MOU also provides for the possibility of signing a long-term supply agreement for the purchase of synthetic rubber jointly produced by Rosneft and the technological partner that will be identified. SBR rubber is of particular interest as it is an environmentally friendly material used in the production of “green tyres” which optimizes fuel consumption and grip on both wet and dry surfaces.
