Putin awards Valtteri Bottas with Russian F1 GP TrophySport April 30, 18:02
FIA Formula One 2017 Russian Grand Prix boosts off in SochiSport April 30, 15:23
Merkel to pay first visit to Russia in two years for talks with PutinWorld April 30, 14:40
Passenger plane crashes in CubaWorld April 29, 22:49
US anti-missile systems in Eastern Europe violate INF Treaty - Russian foreign ministryRussian Politics & Diplomacy April 29, 20:35
Moscow police say 250 people take part in protest rallyWorld April 29, 16:29
Abe plans to continue dialogue with Putin to solve global issuesWorld April 29, 14:50
Moscow is ready to cooperate with Washington on Syria — LavrovRussian Politics & Diplomacy April 29, 12:24
Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
CHENGDU (Southwest China) / August 7 /TASS/ The Russian company Renova Orgsyntes and Chinese Beyer Chemical Group, along with Lutianhua Group has signed an agreement on cooperation for the production of the herbicide glyphosate to control weeds, the companies said in a statement on Friday.
The Prime Minister of the Chuvashia Republic Ivan Motorin, said on the sidelines of the Russian-Chinese dialogue "Volga-Yangtze" that the agreement provides for the establishment of a chemical plant worth $2 billion.
"So far, the investments have been preliminarily outlines, its $2 billion. After the project is approved, the financing will be finalized," he said.
According to him, it is not certain yet, whether or not the plant will be a joint Russian-Chinese production.
"Presently, we are putting together the work format, since before this agreement Renova Orgsyntes had planned to implement this project on their own," Motorin said, adding that the Russian company is cooperating with the Chinese partners on the equipment purchasing.