July 2020 | ISSUE No. 280| USRCC Business Newsletter
USRCC New Member Spotlight
Optimized Gas Treating, Inc. (OGT)! 
Optimized Gas Treating, Inc. (OGT) was established in 1992 by Ralph Weiland and Jack Dingman to provide a commercial version of a Windows-based software package for simulating acid gas removal specifically with aqueous alkanolamines. Today, ProTreat software is distinguished by its exclusive use of a fundamental mass and heat transfer rate approach to column modeling and now includes a number of proprietary solvents, physical and hybrid solvents, dehydration, sour water stripping, caustic treating, and most recently a full sulphur plant simulator and a COM interface putting ProTreat well on the way to becoming CAPE-OPEN. ProTreat is the culmination of more than 30 years of research in gas treating supported by government and industry in both academic and commercial environments. However, ProTreat is no longer OGT's sole product.
SulphurPro TM  is OGT's latest offering in cutting edge software. SulphurPro combines fundamental chemical reaction kinetics for the Claus reaction, COS and CS 2  conversion and ammonia destruction with heat transfer rate calculations to simulate Claus sulfur recovery units on a sound scientific and engineering basis. SulphurPro is the first truly predictive SRU simulator, relying on engineering fundamentals rather than regressions to often poorly measured plant performance data. ProTreat and SulphurPro are the premier software packages for gas treating and sulphur recovery.
Recently OGT embarked on developing consulting and custom software services, leveraging 150+ man years of relevant experience in all aspects of gas treating and sulfur recovery.  As world recognized experts, OGT consult for the consultants and offer a unique and unmatched perspective on solving process bottlenecks, fixing problem operations, and providing you with first-rate simulation tools uniquely tailored to your needs.  

Please visit   www.ogtrt.com for more information.  
◾  USRCC Activities
Wednesday, July 15, 2020
On July 25,   2020 , the USRCC and its Technology & Innovation Committee hosted the  Webinar "Digital Technology Advancements in the Aerospace Industry" . This annual event was held using the on-line platform. The following speakers provided an overview of the global situation in the aerospace industry, technology development, digital technology advancement, and covered other important questions that industry leaders are currently facing: Nathan Holyoak, Senior Principle Engineer of Northrop Grumman; Dr. Michel Izygon, CTO of Tietronix; Rick Murphy, Senior Vice President of Saratech; Fedor Antonov, CEO of Anisoprint. Topics covered during the Webinar included "Latest news in Aerospace Industry", " AR/VR Advances in Aerospace Application", "AI Applications in Aerospace", "Extracting Value from Product Lifecycle Management (Digital) Deployment" and "Advances in 3D Printing".

Over 50 attendees representing aerospace, education, finance and oil & gas industries were engaged in a lively Q&A session moderated by Kenneth Scherwinski, Technology & Innovation Committee Chair.
Kenneth Scherwinski
President – US Operations
Nathan Holyoak
Northrop Grumman,
Senior Principle Engineer    

Dr. Michel Izygon
Rick Murphy
Senior Vice President
Fedor Antonov
USRCC Upcoming Events
The U.S.-Russia Chamber of Commerce 
Invites You to Attend
The 10th Annual Welcome Reception
Honoring Russian and CIS Delegations 
to the Breakbulk Americas 2020

Breakbulk Americas has been the established hub for the project cargo and breakbulk industry for more than 30 years. Based in Houston, it hosts more than 5,000 professionals from across the industrial supply chain based primarily in Canada, U.S. and Latin America, including the America’s largest EPCs and oil & gas companies. The conference provides shippers with the opportunity to meet and develop relationships with the leading specialized carriers, forwarders, ports, terminals and packers who have the expertise and resources to handle oversized cargoes with unique handling requirements.

U.S.-Russia Chamber of Commerce invites you to join the welcoming Russian and CIS delegations to the  10th Annual Breakbulk Americas Reception . This annual event draws decision makers in U.S.- Russia trade and investment, including senior representatives from major shipping and logistics companies, leaders in the oil and gas industry, government officials, elected officials and more. 

Wednesday, November 4, 2020 
6:00 PM - 8:00 PM 
Four Seasons Hotel, Whitney Room 
1300 Lamar Street, Houston, TX 77010

USRCC Members - $30/Non-Members - $60
Please note: Refunds will not be issued after November the 2nd, 2020
For sponsorship opportunities please contact: 

The U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive, Suite 133, Houston, TX 77042 
Phone:  713.429.4680  Email: info@usrussiacc.org
USRCC Membership
Are you taking advantage of your USRCC Member Benefits?

The U.S.-Russia Chamber of Commerce provides a variety of Membership options to fit your business needs and goals. Renew your membership or join for the first time today!

For more information   click here.
Member's News
Career Centers Preparing Students to Succeed in Virtual Job Market

Uhd.edu, July 13, 2020: In the “new normal,” University of Houston-Downtown students and recent graduates are entering a virtual job market. As they compete for positions, attention to the smallest details has become even more essential in making a good first impression with potential employers. Among the biggest challenge facing Gator job seekers is adapting to Zoom and Skype video interviews that have become commonplace over the past five months. Read more...
New Standard Provides Specification for Low Density Poly vinylidene fluoride Based Material

Astm.org, July 16, 2020:   A new ASTM International standard will provide a specification for low density poly vinylidene fluoride (PVDF) based materials intended for use in wire and cable jacketing. ASTM’s committee on electrical and electronic insulating materials (D09) developed the standard, which will be soon published as D8318. Low density PVDF cable jacketing is a new product that has the potential to offer advantages in terms of being lightweight, exhibiting easy strippability, high flexibility, reduced dielectric constant, resistance to weathering and good fire performance. Read more...
Lewis Brisbois Is Pleased to Offer Complimentary Webinars Tailored to Our Clients’ Needs to Provide Perspective on the Latest Developments in Law and Business

Lewisbrisbois.com, July 16, 2020: The full schedule of the Complimentary Webinars are available via link.    
This Week in Review
‘Get Out Now or Risk the Consequences’: US Threatens Investors in Russian Energy Projects

Rt.com, July 15, 2020:  US Secretary of State Mike Pompeo has warned investors to ditch two major Russian gas pipeline projects, Nord Stream 2 and TurkStream, or face Washington’s sanctions. Speaking at a news conference on Wednesday, Pompeo said that the State Department is set to update “CAATSA [Countering America’s Adversaries Through Sanctions Act] to include the Nord Stream 2 and the second line of Turkstream 2” pipelines. The move is set to put any investments in those projects at risk of sanctions. Read more...
Bank of Russia to Reduce Limit for Daily Currency Swaps to $3 bln from July 17

Tass.com, July 16, 2020:  The Bank of Russia will reduce the limit for daily currency swap on dollar sales for rubles with ‘today’ settlements from $5 bln to $3 bln because of lacking demand for such operations, the press service of the regulator said on Thursday. Read more...
Russia Rejects Artemis Moon Program, NASA Chief Claims Ties Still ‘Solid’

Russiabusinesstoday.com, July 15, 2020:   NASA administrator Jim Bridenstine said Tuesday he still expected support from Russia’s space corporation in its Artemis moon program despite Moscow’s space chief slamming the U.S.-led lunar effort, Reuters reported. Bridenstine said in an interview with Reuters on Tuesday “the relationship between NASA and Roscosmos is solid” and emphasized that international partners will play a key role in NASA’s plan to land humans on the lunar surface by 2024 and construct a space station orbiting the moon. Read more...
Russia Sees Significant Improvement in Global Oil Demand in August: Minister

Reuters.com, July 16, 2020:   Russian Energy Minister Alexander Novak said on Thursday he expected global oil demand to recover significantly in August and improve to 10% below the levels seen prior to the coronavirus crisis. Novak said demand, which was at around 100 million barrels per day (bpd) before the pandemic, dropped to 25% below pre-crisis levels in April.  Read more...
Russian Economy Won't Reach Pre-Coronavirus Level Until 2024

Themoscowtimes.com, July 16, 2020:   The Russian economy will not return to its pre-coronavirus level until the end of 2024, analysts at the Economist Intelligence Unit (EIU) forecast. Russia will be one of the slowest recovery stories in the world, the EIU predicts, with all the other BRICS nations — Brazil, India, China and South Africa — expected to recover faster. Of the G7 advanced economies, only Japan — which has seen perennially low growth rates for the last two decades — will match Russia in terms of the weakness of its recovery, with both finally hitting pre-coronavirus levels in the final quarter of 2024. Read more...
Russia Prepared to Grant Tax Residency to Those Spending 3-6 Months in Russia in 2020 - Siluanov

Interfax.com, July 16, 2020:  The Russian government at its meeting on Thursday has supported amendments to the Russian Tax Code permitting the granting of Russian tax residency in 2020 to individuals who have spent from 3 months to a half-year in the country, Finance Minister Anton Siluanov said at a government meeting. Read more...
Houston-Tyumen Sister Cities
The Most Relevant Specialists in 2020 are Being Recruited in Tyumen

Ura.news, July 15, 2020:   Tyumen State University (Tyumen State University) has announced admission to the master's program in biosafety. This was reported to URA.RU in the press service of the university. The university is confident that the new specialty has become especially relevant in the context of the COVID-19 pandemic. Read more...
CIS Business News
Kazakhstan to Issue Short-term Government Securities In Region of $2.43 billion to Support Economy

Astanatimes.com, July 16, 2020: The Kazakh National Bank and the Kazakh Ministry of Finance will issue short-term government securities up to 1 trillion tenge (US$2.43 billion) on a regular basis until the end of 2020 to maintain economic activity, National Bank Head Yerbolat Dosayev said at a July 14 government meeting, reported Primeminister.kz. According to him, this will allow for work on the inclusion of Kazakhstan’s government securities in international indices of local bonds to continue. Read more...
Belarus Buys Second Batch of U.S. Oil

Eng.belta.by, July 16, 2020:  Belarus has purchased the second batch of oil from the United States, BelTA learned from Aleksandr Tishchenko, Press Secretary of the Belarusian state petrochemical concern Belneftekhim. The cargo is expected to arrive in Klaipeda on 6-8 August. Read more...
Azerbaijan to Build Floating Solar Power Panels

Azernews.az, July 14, 2020:   Work is underway in Azerbaijan to start a pilot project on installation of solar panels on the surface of Lake Boyukshor near Baku on an the area of 800 square meters, the Energy Ministry reported on July 13. The pilot project is titled “Knowledge sharing and technical assistance for the development of floating solar panels” and is carried out with the support from the Asian Development Bank. Read more...
US-Russia Related News in Russia
◾ Новости недели
Бизнесу в «Русских Офшорах» Предложили Ставку 5% на Дивиденды за Рубеж

Rbc.ru, Июль 16, 2020:   Резидентам специальных административных районов (САР) на островах Русский во Владивостоке и Октябрьский в Калининграде могут разрешить переводить прибыль за рубеж с минимальной налоговой ставкой 5%. Такую льготу утвердило правительство в «дорожной карте» по трансформации делового климата (ТДК) в сфере корпоративного управления. Читать далее...
«РусГидро» Ищет Инвесторов для Строительства ВИЭ на Дальнем Востоке

Kommersant.ru, Июль 17, 2020:   «РусГидро» запускает программу поддержки строительства ВИЭ-станций в отдаленных районах Дальнего Востока. До конца года холдинг планирует отобрать инвесторов в строительство в общей сложности около 63 МВт в Якутии и на Камчатке, сообщили “Ъ” в «РусГидро». Комплексы будут состоять из новых дизельных электростанций (ДЭС), возобновляемых источников энергии и накопителей. Инвесторы получат долгосрочный тариф на десять лет для окупаемости электростанций, затем объекты перейдут в собственность «РусГидро». Читать далее...
Россия Сократила Вложения в Госбумаги США до $5,39 млрд

Tass.ru, Июль 16, 2020:   Россия в мае 2020 года сократила объем вложений в американские государственные бумаги с $6,85 млрд до $5,39 млрд. Это следует из опубликованных в четверг документов Минфина США. На долю долгосрочных облигаций пришлось $3,75 млрд вместо $4,01 млрд месяцем ранее, на долю краткосрочных - $1,63 млрд по сравнению с $2,83 млрд в апреле. Читать далее...
Забайкальский Край Вырос в Инвестрейтинге Регионов по Всем Показателям

Ria.ru, Июль 16, 2020:   Забайкальский край вырос в Национальном рейтинге состояния инвестиционного климата в субъектах РФ по всем показателям, в частности, за счет открытости региональной власти, считает заместитель генерального директора Агентства стратегических инициатив Александр Пироженко. Пироженко выступил в четверг в эфире на портале "Твой Дальний Восток". Читать далее...
Мишустин Рассказал о Плане по Восстановлению Экономики России

Gazeta.ru, Июль 13, 2020: Премьер-министр России Михаил Мишустин рассказал об общенациональном плане восстановления экономики страны после эпидемии коронавируса. Он сообщил, что в документе прописана часть общественно значимых результатов нацпроектов, а также траектория движения к основным показателям достижения ключевых национальных целей в ближайшие годы. Читать далее...
Бизнес Предупредил о Проблемах с Въездом в Россию Иностранных Специалистов

Forbes.ru, Июль 16, 2020:   При выдаче разрешений на въезд в Россию для иностранных специалистов и согласовании чартеров для прилета возникли задержки. Об этом сообщил президент Российского союза промышленников и предпринимателей (РСПП) Александр Шохин в письме премьеру Михаилу Мишустину, изученном РБК. Разрешения на въезд для иностранцев готовят ФСБ и МВД, а согласованием чартеров занимается Росавиация, отмечает издание. Читать далее...

The USRCC is looking for new team members!

Volunteers play a key role and the contributions they make impact the day-to-day functions of the chamber and shape the future of the relationship between Russia and the U.S.

There are many ways you can get involved with the USRCC. Whether you are an experienced leader or a student, there is a place for you. By volunteering you can be at the very center of our high-profile events held in Houston, Chicago and New York City and interact with influential leaders in the U.S.-Russia trade and investment.
To learn more about the position 
or contact us directly at info@usrussiacc.org   
call 713.429.4680
 USRCC Executive Partners 
U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive
Suite 133
Houston, TX 77042

The U.S.-Russia Chamber of Commerce (USRCC) is a 501(c)(6) not for profit corporation with its headquarters in Houston, Texas, and offices in the Midwest and the Northeast. The USRCC was established in 2009 to promote trade and investment between the Russia n Federation and the U.S.A.  
The information contained in this newsletter is provided for general information purposes only and does not constitute legal or other professional advice on any subject matter. USRCC does not accept any responsibility for any loss that may arise from reliance on information contained in this newsletter. The views and opinions expressed in this publication are those of the authors. They do not reflect the opinions or views of the USRCC or its members. Links within this newsletter lead to other websites, including those operated and maintained by third parties. The linked sites are not part of the USRCC newsletter. USRCC includes these links solely as a convenience to the newsletter subscribers, and the presence of such links does not imply a responsibility for the linked site and its operator. USRCC cannot certify the accuracy of the material provided by the original source .

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