Crain News Service report
MOSCOW (May 22, 2014) — Russia’s Rosneft Oil Co., which is part of a consortium that owns a minority stake in Pirelli & C. S.p.A., has held further talks with Pirelli about cooperation in synthetic rubber production in Russia.
Rosneft President and Chairman Igor Sechin met recently in Moscow with Pirelli top management — including CEO Marco Tronchetti Provera — to discuss issues related to expanding their cooperation in SR production in Nakhodka, Russa, and further supplies within the Far East Petrochemical Co. project.
The parties also reviewed the strategy of developing Pirelli’s sales and marketing in Russia. The parties agreed in early 2013 to set up Pirell-branded auto service stations through Rosneft’s filling station network.
“The strategic relationship of the companies and noted progress in implementation of projects in Russia provide room for expansion of cooperation in R&D and supply fields in the world market, where both companies, being global players, have firm positions,” Rosneft said May 18 in a prepared statement.
Pirelli declined to comment on the Rosneft statement, which also mentioned Rosneft’s continuing negotiations with Intesa Sanpaolo, Unicredit, Clessidra and Nuove Partecipazioni to finalize binding agreements regarding contracts relative to their purchase of what amounts to a 13-percent stake in Pirelli.
When is the last time you attended one of the national tire industry trade shows, such as SEMA, ITEC or the North American Tire & Retread Expo?
|I try and take in at least one show a year.||
|I usually attend one every few years.||
|There are so many tire maker and distributor meetings each year, I don’t see a need to attend one of the national shows.||
|I don’t find value in these shows and haven’t been to one in years.||
|I’d like to but I am too busy||