31 March 2016, Moscow served as venue for the International Conference “Russia-Singapore: New Business Opportunities”. Speaking at the conference were both Russian and Singaporean State and Municipal officials, with business owners, Chiefs and experts on the other hand representing the two countries’ business communities. The Russian side comprised over 140 delegates from large, medium and smaller companies.
The panel discussion focused on the conducive and restrictive factors for the Russia – Singapore business relationship development. The participants were able to look at the current state of the economic cooperation between the two countries, review the innovative and industrial projects that Russian companies had successfully accomplished in South-East Asia, and the steadily functioning investment projects of Singaporean companies in different regions of Russia. Of one such sustained business of a Russian company in ASEAN countries the participants could learn from Mr. Dmitry Mayorov, Orgkhim Chief Financial Officer.
ORGKHIM supplies the Asian market with low-PCA extender oils for car tires and synthetic rubbers. One of global leaders in RPO production Orgkhim is world’s number two producer specificaly when it comes to safe oils, capitalizing on its technological excellence to constantly build up its capacity.
ORGHIM puts a special focus on developing the Asian market with its advantageous growth rate. The extremely low PCA level and the flexible pricing policy make ORGKHIM oils universally interesting for all tire and synthetic rubber producers in the region.
Till now all supplies have originated directly from Russia. To take care of this logistical hurdle Orgkhim is looking to build an RPO plant in Asia. In fact Orgkhim has already opened its Asian branch, located in Singapore, and is currently pressing towards the kick-off of the Plant construction project for production of safe oils “Norman” in Malaysia.