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Turkey signed cooperation agreement with Tatarstans leading petrochemical company Tatneft

The Companies of Tatarstan - Tatneft and Kamaz - signed a number of agreements in Ankara with the largest global corporations and government agencies of Turkey

Turkey signed cooperation agreement with Tatarstans leading petrochemical company Tatneft

Ankara, June 25 - Neftegaz.RU. The signing ceremony took place as part of the working trip of Rustam Minnikhanov, President of the Republic of Tatarstan, to Turkey in the presence of Fuat Oktay, Turkish Vice-President.

Tatneft and the Ministry of Industry and Technology of Turkey signed a memorandum of cooperation in the petrochemical industry.
The document was signed by Cetin Ali Donmez, Deputy Minister of Industry and Technology of Turkey, and Nail Maganov, General Director of Tatneft.

Fuat Oktay said:
  • The MoU signed with Tatneft includes support for a production facility that the Russian company plans to establish in Turkey,
  • Like all other investments, Tatneft's maleic anhydride production facility planned to be established in Turkey is supported by our Ministry and benefits from the incentives
The signed Memorandum allows the development of cooperation in the petrochemical industry in Turkey and, among other important provisions, provides for measures of state support for the projects from the Turkish government in the event of their joint implementation.
The 2nd deal with Tatneft is a preliminary protocol in the field of chemical industry signed with Gebze Organized Industrial Zone for the same investment.

A MoU was also signed between KAMAZ and Karba Automotive.
The companies plan to consider the possibilities of cooperation in the promotion of fire and waste collection equipment with Karba settings based on the KAMAZ chassis in Russia.

Source : Neftegaz.RU


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