ERJ staff report (DS)
Nizhny Tagil, Russia - SI Group, the world's leading supplier of phenolic resins has signed an exclusive sales and marketing deal with UCP Chemicals AG in Russia. The two companies have formed a joint venture to market products in the friction, abrasives and rubber resin market segments in the countries of the former USSR, including Russia, Ukraine and Belarus.
The joint venture, Uralchimplast SI Group, is based in Nizhny Tagil, Russia and started operations on 2 April 2012.
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Press release from SI Group