Rusnano links up with Dow on development

Rusnano and global chemicals giant, Dow Chemical, have signed a memorandum of intentions on mutual partnership in rapidly developing fields.

Rusnano and Dow Europe, a European subsidiary of Dow Chemicals, have agreed to look at a partnership  in highly technology, including energy, infrastructure, new hi-tech materials and polymers as well as continuing cooperation in medical and biotechnology fields, with a focus on research.Heinz Haller, Executive Vice President and Chief Commercial Officer of The Dow Chemical Company hailed the move pointing on state priority projects for fueling of the Russian economy“Our goal is to develop commercially-meaningful joint projects that help to address key issues in Russia, and leverage Dow technology to support job creation and economic development,”Andrew Lukshin, Director of the Project Management Office of Rusnano said that the partnership would help broaden the exposure of Russian technology companies. “The Partners have already set priorities for joint potential projects. The emphasis will be on large-scale projects based on nanotechnologies with the aim of attracting cooperation from major corporations and regions in Russia and developing intellectual property.”