Rusnano JSC, its portfolio company Akrilan, and the German chemical concern BASF signed a memorandum of understanding, which fixed the possibility of cooperation in localizing the BASF aqueous polymer dispersion production in Russia at Akrilan’s facilities. Among others, products made in Russia will be used in the architectural coating production, in the future, it is expected to export the products to other CIS countries, a joint statement issued on Friday said.
The Vladimir Region and Veropharm (Abbott group) signed a memorandum of cooperation at the St. Petersburg International Economic Forum, the regional administration reports.
In 2019, Veropharm plans to put into operation two new lines for the production of hospital-profile medicines, as well as to bring to full capacity the line for the production of Xylene nasal drops at the plant in the Vladimir Region. This was reported on the website of the Administration of the Vladimir Region upon the meeting of the company’s management with Vladimir Sipyagin, Governor of the Region.
The government commission overseeing the implementation of foreign investment in Russia approved the acquisition by the American company Archer Daniels Midland (ADM) of a 50% stake in the Novlyansk starch and syrup factory, part of the Aston group, follows from a message from the administration of the Vladimir region. The continuation of the enterprise’s operation was discussed at a meeting of the region’s Governor Vladimir Sipyagin with Deputy Prime Minister Alexey Gordeev.
“We have signed a contract with Oxford Immunotec, a leading global immunodiagnostics company from the UK. Our basic and first joint project with the British is the collaboration on the brand called T-Spot. This is a sophisticated technology protected by a patent, which we localize in the territory of the Russian Federation,” Dmitry Kudlay, Director General of Generium, told Vademecum. “Our cooperation will significantly reduce the cost of the test system.”
Vladimir bread factory management started developing a confectionery co-production project with Croatian and Slovenian companies. The products are expected to be sold in Russia and Europe, as reported by Aleksey Lyalin, Vladimir bread factory manager.