Russian Industry and Trade Minister Denis Manturov has said the development of industry in Russia and China and their cooperation in the sphere draws dissatisfaction from Western countries.
Manturov was speaking to reporters in the southwestern Chinese city of Kunming on Friday, according to RIA news agency.
"You can see...
Russian petrochemicals producer Sibur has expanded its plant in Voronezh which enabled it to increase production of styrene copolymer-based thermoplastic elastomers at by 50,000 metric tons per year, Neftegaz reports.
Through the expansion, the site, which already produces about 85,000 tons of TPEs per year, will see the addition of new...
Russia’s diamond producer Alrosa has started a rough diamond auction in New York, presenting 81 large gem-quality diamonds over 10.8 carats each, including unique stones transparent 98-ct diamond with a yellowish hue and a diamond weighing over 100 carats, the company said in a statement on Tuesday according to...
Russian gold miner Nordgold has formally launched its third mine – the new Gross operation in Yakutia, Russia, which will turn the company into a one-million-ounce a year producer, The Mining Journal reported.
The Gross mine will operate for 17 years and is expected to add 200 000 oz/y of gold to...
Russia’s largest gold producer, Polyus, is set to increase production to 2.8 million troy ounces while reducing its capital expenditure in 2019, its CEO Pavel Grachev told Reuters.
The company’s output this year is on track to reach the upper end of its forecast range of 2.375-2.425 million troy ounces,...
Russia’s car manufacturer Gaz Group is facing supply chain disruption due to several European component suppliers ceasing trade with the company following U.S. sanctions on companies owned or controlled by Oleg Deripaska, Vedomosti reports.
According to the business newspaper, one of the effects is the supply of electric buses to Moscow as part...
A day after Russian President Vladimir Putin said his government was interested in strengthening of defense cooperation with Vietnam, the Asian country has placed orders for Russian weapons and military services worth more than $1 billion, Reuters reported citing TASS news agency.
"We have a portfolio of orders worth more...
A nearly half-billion dollar contract issued to a Chicago-based steel company to make bunker-buster bombs is being revoked after complaints by lawmakers about the company's ties to a Russian oligarch, Bloomberg reports.
The Air Force awarded a contract worth $419.6 million to A. Finkl & Sons Co. to produce bomb...
Russia’s state-owned company Energomash signed a contract with U.S. aerospace manufacturer Orbital ATK to supply four additional RD-181 rocket engines for US Antares-type launch vehicles, two top managers in the aerospace industry told business newspaper Kommersant.
The chief of Russia’s state nuclear agency Roscosmos Dmitry Rogozin, responding to a...
The brand new Russian presidential limousine was revealed to the public at the Moscow International Automobile Salon (MIAS), a biennial auto show held at Crocus Expo, TASS news agency reports.
The new Aurus Senat limousine from the Cortege project was first shown during Vladimir Putin's inauguration ceremony on May 7. Since then, the...
