Nov. 27 – Pirelli, Rosneft (a Russian oil company) and Russian Technologies are ready to conduct joint research and development in materials for tire production. Igor Sechin, President and Chairman of the Management Board of Rosneft, Marco Tronchetti Provera, chairman and CEO of Pirelli & C. S.p.A. and Sergei Chemezov, Director General of Rostec State Corporation, came together to sign an agreement formalizing the partnership. Materials for tire production include synthetic rubber, fillers like carbon black and reinforcing materials, all developed in accordance with Pirelli’s high technological standards. “Russia – said Tronchetti Provera – is of strategic importance to Pirelli, and this three-party agreement demonstrates our commitment to this country. For us, this is also an opportunity to benefit from the vast knowledge and experience of our two Russian partners.” “The realization of this project – said Sechin – will support Rosneft and its other industrial partners in organizing efficient production of advanced materials, developed with the use of advanced technology. These products will be in line with the highest economic and ecological standards and will satisfy even the most sophisticated customer demands.” “Rostec’s partner companies – said Chemezov – are deeply integrated into the global economy. The partnership with Pirelli and Rosneft in the development of new materials allows Rostec to establish itself in this segment of the global market. The commercialization of the results is a priority for the company, and expanding the scope of cooperation in this area will give us the opportunity to capitalize on our research potential and enhance our knowledge.”