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Gazprom neft' OAO buys polymeric bitumen plant-Interfax

Tuesday, 14 Jan 2014 04:53am EST 

Gazprom neft' OAO:Gazprom Neft has acquired 100 percent of LLC SYNTAZ OIL, a Russian producer of polymeric bitumen for road-building, Gazprom Neft said-Interfax.Gazprom Neft has acquired 100 pct of the authorized capital of LLC SYNTAZ OIL, which owns Ryazan Petrochemical Experimental Plant JSC.Ryazan Petrochemical Experimental Plant JSC is a producer of polymer-bitumen binders (PBB) in Russia.The capacity of the plant is 60,000 tonnes of PBB per year.The production in 2013 reached 25,000 tonnes. 

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