Chinese and Russian Petroleum Giants Join Hands to Set up Rubber Plant in Shanghai
www.chinatrucks.com: On November 13, 2013, at the 13th International Rubber Technology Exhibition, Russia gas processing and petroleum company Sibur discloses that the company is under negotiation with Sinopec regarding a jointly invested project which is to set up two plants producing chemigum and polyisoprene rubber respectively in Shanghai.
Director of Sibur Elastomer Department says the annual production of the two plants are 5t in respective. The joint venture will use patents and technique of Sibur.
“China is a key market of Sibur, especially in synthetic rubber. In 2012, the export of synthetic rubber to China takes up 19% of Sibur’s total export of rubber,” says the director. Main products sold in China include synthetic rubber, plastic & organic synthesis products, and base polymer with respective export volume of 49,500 tons, 43,500 tons and 37,000 tons.
As a matter of fact, the cooperation between Sibur and Sinopec has been conducted by establishing a joint venture which is in charge of a synthetic rubber plant in Krasnoyarsk, Russia. Sinopec hold around 25% share in the join venture. The plant is said to expand annual production from 42,500 tons to 56,000 tons.
Views:0
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February 2022-04-13
- SAIC MAXUS' Overseas Sales Jumped by 129% YOY to 6940 Units in March 2022-04-12
- FOTON Pakistan Delivered 3 Express Logistics Vehicle to DHL 2022-04-12
- CP FOTON’s Dealer Summit & AUMARK FLEX Launch Ceremony Held in Thailand 2022-04-12
- 328 Units!China’s First Largest Automatic Heavy Truck Export Order to Colombia 2022-04-08
- BYD Stopped the Production of Fuel Vehicles 2022-04-07
- China’s First Ammonia Diesel Engine for Heavy Vehicle Ignited Successfully 2022-04-07
- AUMAN EST-M Rolled off the Line at Foton Pakistan Factory 2022-04-03
- 209 Jiefang J6P Tractors Were Delivered to Mongolia 2022-04-02
- 400 Units of FOTON AUMAN Trucks Delivered to an Int'l Brewery Group of Nigeria 2022-04-01
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021