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Rusnano wants to attract Japan's JBIC to chemical investment fund

February 18, 15:41 UTC+3

Rusnano continues searching for a technology partner

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NOVOSIBIRSK, February 18. /TASS/. The Rusnano state-run Corporation wants to attract JBIC and a technology counterpart from Japan to a chemical investment fund, the corporation's head Anatoly Chubais told reporters on Saturday.

"We have a Russian partner in Volgograd, the Nikohim Company, jointly with which we have built a caustic plant," he said. "We have decided, than on the basis of this platform to the technical aspect we shall add a financial aspect and will organize a fund to invest in new projects on that platform."

"This fund has been organized, the board of directors has approved," he continued. "The idea is to attract more partners there, including from Japan. Partners of two types - technological and financial. JBIC is a financial partner, which may be a potential participant in that fund."

Rusnano continues searching for a technology partner.

"We also want to find a technology partner, which would be interested in a certain enterprises, in projects there," Chubais said. "We continue negotiations, and the progress is good."

It is most important to choose partners correctly, he continued, saying now the corporation "has partners, who are compatible, and some are not compatible."

The corporation's head expressed hope those plans would be implemented within the current year.

"Nikohim has a very big chemical technological platform, from the Soviet times," he said. "Most part of the equipment is outdated, but the infrastructures are very good, which is most important for chemistry.".

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