Uralvagonzavod and Rosneft Oil Company will develop high-tech lubricants

11.02.2015 — News

SVERDLOVSK REGION

The Uralvagonzavod Research and Production Corporation, OJSC, and Rosneft Oil Company have prepared a strategy of cooperation.

The Press Service of Uralvagonzavod has informed RusBusinessNews that following the strategy course, the companies intend to start joint research activities, which will include development, production and further application of high-tech lubricants that are in demand by Uralvagonzavod.

The companies reached agreement on preparing joint programs for import substitution.

Rosneft and the Uralvagonzavod Corporation signed the agreement for partnership in provision of petroleum products during the St. Petersburg International Economic Forum in May 2014.