SI Group — the world’s leading manufacturer of chemical intermediates — and Uralkhimplast (Enterprise Group Company UCP Chemicals AG) — one of the leading Russian manufacturer of synthetic resins and plastics — reported the establishment of a joint venture to market synthetic resins for the production of tires and rubber, abrasive and friction products .
The joint venture Uralchimplast SI Group will be located in Nizhny Tagil (Russia) and will offer a full range of products to meet the growing needs of the market in Russia, Ukraine, Belarus and other countries of the former Soviet Union. Uralchimplast SI Group offers market leading solutions based on specific production needs of each client. The wide product range will include resins for use in the tire, rubber, abrasion and friction technology. The new company will work with the April 2, 2012 and will be the exclusive supplier of the products mentioned production Uralchimplast SI Group and the CIS countries.
— This new facility will allow us to provide our customers with even better solutions. By combining the capabilities and Uralchimplast SI Group, we will be able to use the local production and knowledge of customer requirements, combined with global developments and knowledge — said Stephen Haller, vice president of SI Group.
— For Uralchimplast creation of a new joint venture is another important step in contributing to, to provide our customers with products and service world-class solutions coupled with our history of long and mutually beneficial business relationship — said Norbert Wieser, Group CEO UCP Chemicals AG.
SI Group is a family company founded in 1906. Headquarters — in Schenectady, NY, USA. The world’s leading developer and manufacturer of phenolic and alkyl phenol resins, alkylated phenols and other chemical intermediates. SI Group operates in 10 countries around the world, with 20 manufacturing and research divisions.
Uralkhimplast is now a group of companies UCP Chemicals AG. The factory was founded in 1938. Manufactures industrial resins used in insulation, wood, manufacture of abrasives, refractories, friction products, insulation, plastics, lacquers, in the foundry industry. Uralkhimplast has a network of warehouses in Moscow, St Petersburg, Togliatti, Novosibirsk and Rostov-on-Don.