Dec. 27 – The research and development project in the field of synthetic rubber in Armenia kicks off, as the Italian Pirelli, the Russian Rosneft and the local Techno Oil sign a memorandum of understanding to launch a series of joint activities. Pirelli will work with Rosneft in research and development related to Styrene – Butadiene Rubber (SBR), as it is interested in establishing a long-term supply agreement for the purchase of the SBR produced. “The agreement seeks to develop a new production source for synthetic rubber – said Aimone Di Savoia, head of Pirelli Russia – and is another sign of our commitment and our confidence in Russia and its market. It’s also the result of our growing relationship with Rosneft, which is one of our key partners in the region.”