Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
      Elastomers for Sustainability Top 10
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
January 22, 2004 12:00 AM

Efremov-Kautschuk is top bidder for TUPRAS

ERJ Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    By Patrick Raleigh, ERJ ON-line news editor

    Istanbul-Efremov-Kautschuk GmbH has put in the highest bid for the Turkish government's 65.76-percent stake in TUPRAS (Turkish Petroleum Refineries Corp.), Turkey's privatisation agency announced 13 Jan. Efremov's bid of $1302-million, however, remains subject to approval by the Turkish authorities.

    With 2002 sales of around $4800 million, TUPRAS encompasses major petroleum refining, petrochemical and related activities. Its petrochemicals division includes styrene butadiene rubber, polybutadiene rubber and carbon black production activities.

    Efremov-Kautschuk was founded in 1992 as a global distribution joint venture between the rubber producer JSC Efremov Synthetic Rubber Enterprise (ESRE) of Efremov, Russia, and Kautschuk-Gesellschaft mbH, a Frankfurt, Germany-based trading company. ESRE, which principally produces polybutadiene- and polyisobutylene-based materials, acquired a majority stake in the JV, in 2001.

    RECOMMENDED FOR YOU
    Trelleborg acquires Dutch composite hose supplier
    Trelleborg acquires Dutch composite hose supplier
    Conti hose & line unit zeros in on low-emission mobility
    Conti hose & line unit zeros in on low-emission mobility
    Cabot expands sustainable rubber operations in Malaysia
    Cabot expands sustainable rubber operations in Malaysia
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac