08 June 2010 10:56 [Source: ICIS news]
MOSCOW (ICIS news)--Russia's Krasnoyarsk Synthetic Rubber Plant is to receive Russia roubles 2bn (€52.6m) in funding to increase its nitrile butadiene rubber (NBR) production capacity, the municipal government said on Tuesday.
An investment programme from 2010-2014 would see the privately owned plant increase its NBR capacity to around 56,000 tonnes/year from the current 36,500 tonnes/year, the authority said in a statement.
The funding will come from undisclosed private sources.
The Krasnoyarsk Synthetic Rubber Plant, based in the ?xml:namespace>
($1 = Rb 31.82; €1 = Rb 38.02)
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