NK Rosneft has agreed to become Pirelli’s biggest investor by acquiring an indirect stake in the company. As per the agreement with Unicredit Bank, Intesa Banking Group, and Clessidra Fund, Rosneft will buy 50% share of the company holding 26.19% of Pirelli & C. S.p.A. stake. The transaction will be carried out at a value
Anno Berkowsky, head of the Lanxess subsidiary Rhein-Chemie said at the opening of the new pre-dispersion production facility in Russia, “Rhenogran – which we will produce at the new site in Lipetsk – is one of our most established and important brands, and has a leading position in polymer-bound rubber additives. It can significantly shorten mixing
Lanxess has opened a production facility in Russia under Rhein Chemie. The subsidiary company creates polymer-bound rubber additives for the Russian market. The products that they make are mainly used in the automotive and tire industries. Lanxess claims that they invested a seven-digit figure into their new facility. Werner Breuers, a member of the Board of Management
Pirelli and its Russian joint venture partner have officially opened a new tire manufacturing line at the factory in Voronezh. The investment includes a mixing centre. The new line is capable of making the latest Winter tires for use in Russia and the rest of Europe. The factory will begin shipping the tires from March
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