MOL and Tatneft launched joint rubber bitumen project involving end-of-life tire recycling
MOL and Tatneft, one of the largest oil and gas companies in Russia, have solemnly launched a joint project for a rubber bitumen plant in the Republic of Tatarstan. According to MOL, the project partly involves end-of-life recycling. The companies have also agreed to establish a joint venture that, besides manufacturing and selling rubber bitumen, will also be authorized to market MOL's technology license in the Commonwealth of Independent States. The investment is partly financed by the HEPA Hungarian Export Promotion Agency tender funding.