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Home > Knowledge hub & News > Sibur and Saudi Aramco can establish a jv for rubber production

Sibur and Saudi Aramco can establish a jv for rubber production


27 September 2017
TASS

Sibur, the largest petrochemical company in Russia and Eastern Europe, and Saudi Aramco, a Saudi state oil and gas company, negotiate on the possible establishment of a joint venture (JV) to produce synthetic rubber. This was reported by the agency Bloomberg, citing sources who are familiar with the course of these negotiations. According to the edition, a memorandum on the project can be concluded in October, during the visit of the King of Saudi Arabia to the Russian Federation.

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