Pirelli signs synthetic rubber deal with Nizhnekamskneftekhim

Pirelli has signed a contract with synthetic rubber maker Nizhnekamskneftekhim to establish supply in 2018. According to Nizhnekamskneftekhim, the contract was signed during a working visit to Milan by the president of the Republic of Tatarstan in December.

During the visit, Nizhnekamsk and Pirelli also discussed cooperation in the field of synthetic rubber, said the Russian company. The two businesses have cooperated in recent years and are reportedly working on expanding Pirelli’s presence in Russia.

In June 2017, the Russian firm signed a similar agreement to provide synthetic rubber to Michelin. A delegation from the Russian company, including Vladimir Busygin, chairman of the board of directors and other senior officials, visited Michelin’s R&D center in Clermont-Ferrand, France, to discuss supply options.