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Nizhnekamskneftekhim

September 5, 2001

Direct supplies of rubber to Europe

For the first time in its history, the biggest producer of rubber in Russia "Nizhnekamskneftekhim" Inc moves out with its products to the countries of Europe

In August, the Board of Directors of "Nizhnekamskneftekhim" Inc, the biggest exporter of petrochemical products in the Russian Federation, made an important decision - to buy a 50% holding of shares of Swiss company "Nizhex Europe AG".
This company, which in fact will become a subsidiary for NKNK, will on the instruction of the parent company take up selling synthetic rubber produced in Nizhnekamsk in the countries of Western Europe.
To this end, there will be arranged warehouses for product storage in different countries of Europe, which will allow to ensure stable and prompt selling. And the most important - a subsidiary will directly without intermediaries sell NKNK rubber by signing long-term contracts with end users.

Press Service NKNK Inc

 

 

 

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