Support The Moscow Times!

Fluor, Sibur Form Venture

Fluor Corporation said Wednesday that it signed an accord to form a joint venture with Sibur Holding’s gas-processing research and design institute in Krasnodar, southern Russia.

Fluor will initially have a 10 percent stake in the institute, known as NIPIgaspererabotka, and three seats on its board, the Texas firm said.

(Bloomberg)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.