The planned capacity for the plant stands at 35,000 tonnes of bitumen per season, with plans to bring it on stream in mid-2023. Total capital investment in the project amounts to 1.2 billion roubles ($16.3 million). MOL group is to act as a partner in the project and in licensing technology.
Rubber-modified bitumen is a new generation of bitumen used for laying asphalt. In terms of production. it is a mixture of bitumen and crushed rubber granules, which keeps the components from disintegrating.
А rubber by-product is to be used in the production process- recycled car tyres. The company says the process will involve the secondary recycling of up to half a million cars a year.
МОL is to receive 51 % of the enterprise’s starting capital, while Tatneft is to receive 49 percent. And the partners are permitted to alter the framework of their agreement five years after operations begin.
The joint venture is to called RMB-RUSS.