RUSSIA - Gazprom JV.In February 1998, during a visit to Rome by then Russian President Boris Yeltsin “Yeltsin” redirects here. For other uses, see Yeltsin (disambiguation). Boris Nikolayevich Yeltsin (IPA: [bʌˈrʲis nʲikoˈlajevɨtɕ ˈjelʲtsɨn] , a deal was signed by Tecnimont of the Montedison group and Gazprom to have a $500m plant at Tobolsk built to produce 250,000 t/y of polypropylene polypropylene (pŏl'ēprō`pəlēn), plastic noted for its light weight, being less dense than water; it is a polymer of propylene. It resists moisture, oils, and solvents. from propane propane, CH3CH2CH3, colorless, gaseous alkane. It is readily liquefied by compression and cooling. It melts at −189.9°C; and boils at −42.2°C;. . The plant was completed in 2001. It employs 700 people. Shares in the plant's company are distributed as follows: Gazprom affiliate Irtyshpolymer (54%), Tecnimont and two Turkish and Japanese chemical groups (34%), and the European Bank for Reconstruction and Development European Bank for Reconstruction and Development Bank targeted at Eastern Europe and the former Soviet Union. (12%). This gives Gazprom added capability to move into the world's plastics market. |
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