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Solvay SA and SIBUR Holding OAO Form Joint Venture Ruspav


Tuesday, 9 Oct 2012 07:09am EDT 

Solvay SA announced that the Company and Russian petrochemical company SIBUR Holding OAO (SIBUR) have signed an agreement to establish Ruspav, a 50/50 joint venture for the production of surfactants and oilfield process chemicals in Dzerzhinsk, Russia. Ruspav will be located near SIBUR's petrochemicals operations, 400 kilometers east of Moscow, and is expected to be operational in 2015. SIBUR will contribute its raw materials, production and logistics capabilities to the joint venture. The Company's Novecare will provide its knowledge in surfactant technologies, its knowledge of formulations and market applications and its customer network, particularly in the home & personal care and oil & gas markets. 

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27 Aug 2014