24 August 2010 14:58 [Source: ICIS news]
MOSCOW (ICIS)--Sibur subsidiary Voronezhsintezkauchuk (Voronezh Rubber Co) and US-based Air Products have signed an agreement that will see the latter build an air separation unit (ASU) and supply the Russian firm with oxygen and nitrogen for 15 years, Sibur said on Tuesday.
The agreement stipulates that Air Products will build the ASU using its own funds and supply Voronezhsintezkauchuk with product for 15 years. The companies are planning for the ASU to come on stream in 2012.
This is the first time that a Russian company has outsourced its air separation requirements.
The ASU will be built at Voronezhsintezkauchuk’s existing premises, on a plot of land leased by Air Products.
Voronezhsintezkauchuk is based in Voronezh, central Russia. In the first half of 2010, Voronezhsintezkauchuk produced 126,000 tonnes of synthetic rubber, according to the company. It produced 171,300 tonnes in the whole of 2009. The company exports nearly half of its output and is hoping to produce 226,000 tonnes in 2010.
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