Find Articles in:
All
Business
Reference
Technology
News
Lifestyle

$120 Million Invested In Russian Plastic Plant

Emerging Markets Economy, Aug 3, 2003

Basell, the world's largest maker of polypropylene, and Italy's Tecnimont will cooperate to build a $120 million polypropylene plant in central Russia, according to an agreement signed by the companies.

Basell is a 50-50 joint venture between BASF, the world's largest chemical maker, and oil company Royal Dutch/Shell Group. Basell will supply technology and Tecnimont will deliver equipment.

The future plant will make 120,000 tons per year of polypropylene, which is used in the making of airplanes and cars. The unit will be completed in 2006. - (EMEconomy.com)

C 2003 All rights reserved. EMEconomy
Provided by ProQuest Information and Learning Company. All rights Reserved.
 

BNET TalkbackShare your ideas and expertise on this topic

The following tags are supported in BNET comments:
<b></b> <i></i> <u></u> <pre></pre>

Leave a Reply

  1. You are currently a guest | Login?
advertisement
Go
advertisement
  • Click Here
  • Click Here
advertisement