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

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.