July 2021 | ISSUE No. 330 | USRCC Business Newsletter
Dear USRCC Members and Partners,

We wish you Happy 4 th of July!
May your Holiday be filled with peace and happiness.
◾ USRCC New Member Spotlight
WELCOME TO OUR NEW MEMBER - 
SULZER CHEMTECH LTD! 
Sulzer is a global leader in fluid engineering. We specialize in pumping, agitation, mixing, separation and application technologies for fluids of all types. Our customers benefit from our commitment to innovation, performance and quality and from our responsive network of 180 world-class manufacturing facilities and service centers across the globe. Sulzer has been headquartered in Winterthur, Switzerland, since 1834. In 2020, our 15’000 employees delivered revenues of CHF 3.3 billion. Our shares are traded on the SIX Swiss Exchange (SIX: SUN).

The Chemtech division is the global market leader in innovative mass transfer, static mixing and polymer solutions for petrochemicals, refining and LNG. Chemtech is also leading the way in ecological solutions such as biopolymers as well as textile and plastic recycling, contributing to a circular economy. Our product offering ranges from technology licensing to process components all the way to complete separation process plants. Customer support ranges from engineering and field services to tray and packing installation, tower maintenance, welding and plant turnaround projects – ensuring minimal downtime. 

Please visit www.sulzer.com for more information.
WELCOME TO OUR NEW MEMBER - 
DERRICK CORPORATION! 
Since 1977, Derrick® has manufactured innovative technologies for the Oil & Gas Drilling industry. Our separation and screen technology offers unmatched solids removal performance and significant cost-savings. We deliver to our global clients leading-edge solutions and around-the-clock, award-winning service to maximize rig solids control efficiency. Derrick’s equipment symbolizes rugged reliability in an industry known for its intensely hazardous environment and ever-changing drilling technologies. To discover how you can reduce your overall operating costs.

Please visit www.Derrick.com for more information.
USRCC Upcoming Events
The U.S. aerospace sector is considered the largest in the world and is the main supplier of both military and civil aerospace hardware to the rest of the world. Aviation is one of the fastest-growing industries in the United States, and it has increased yearly at the rate of at least 14% despite the challenges the industry faced the past years. The industry is also a world leader in advancing science and technology. Aerospace systems have a very high value per unit weight and are among the most complex, as measured by the number of components in finished products.
The U.S.- Russia Chamber of Commerce and its Technology and Innovation Committee invite you to attend the 2nd Aerospace Conference which will address the following Aerospace industry trends:
  • Model Based Systems Engineering (MBSE);
  • Cost Control – how to use technologies to lower operational costs in the Aerospace industry;
  • 3D Printing - how to industrialize 3D printing; and
  • Digital Twin – how to use the Digital Twin to reduce development time.
EVENT DATE:

Thursday, July 15th, 2021

11:00 am – 1:00 pm (CST)
Cost: complimentary

Registration deadline: COB Wednesday, July 14th, 2021.
Webinar details will be provided upon registration.
MODERATOR:

KENNETH SCHERWINSKI

Senior Vice President of 
Engineering Services,
Saratech (Mission Viejo, CA)
 Chairman of Technology & Innovation Committee,
U.S.-Russia Chamber of Commerce

To read the full bio click here

SPEAKERS:
NATHAN CHRISTENSEN

Senior Manager,
Engineering & Scientific Methods,
Northrop Grumman

To read full bio click here
NATHAN HOLYOAK

Design Manager,
Northrop Grumman

To read full bio click here
SCOTT SEVCIK

Vice President Aerospace,
Stratasys Systems

To read full bio click here
RICK MURPHY

Senior Vice President,
Saratech

To read full bio click here
The 11 Annual Welcome Reception Honoring Delegations 
from Russia, Kazakhstan and Azerbaijan 
at the Offshore Technology Conference (OTC 2021)
The USRCC's OTC Reception is attended by more than 300 international business professionals, including, leading experts from oil and gas/energy industry, investors, suppliers, and government officials.

The USRCC’s OTC Reception provides energy professionals the opportunity to meet and exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.
EVENT REGISTRATION:

Tuesday, August 17, 2021 6:00 pm – 9:00 pm CST

Hotel ZAZA | Fountain Room 
5701 Main Street, Houston, TX 77005
USRCC Members - $50 | Non-members - $100

"Pay at the Door" Option will be available at: 
USRCC Members - $55 | Non-Members - $110

Registration deadline: COB Monday, August 16, 2021
Refunds will not be issued after August 13, 2021
SPEAKERS:
THOMAS SCHUESSLER

 Senior Vice President, 
Global Upstream Conventionals, 
ExxonMobil 

To read the full bio click here
SANDY ESSLEMONT

President and CEO,
Parker Drilling Company

To read the full bio click here

 BRONZE SPONSOR 


 RAFFLE SPONSOR 

The U.S.-Russia Chamber of Commerce
invites you to the partner event -

NAPE Summit 2021
USRCC represented at Booth # 1424

IN PERSON: Houston, August 18th - 20th


VIRTUAL on the NAPE Network: August 9th - September 3rd


Whether face-to-face or screen-to-screen, NAPE is your essential marketplace for connecting with the industry decision-makers who can make big things happen.

Discover new opportunities, explore available prospects, gain insight from industry experts, network with attendees and exhibitors and make deals happen.

Join other professionals from across the energy industry and register now!
The U.S.-Russia Chamber of Commerce is hosting this Webinar to discuss the long-term challenges facing the global supply chain. Energy, Shipping, Mining and Metals, and Agriculture industries’ leaders will share their experiences as to what their respective industries are doing to combat the missing pieces that make the global economy move products smoothly.
  • How to handle supply chain disruptions?
  • How to decrease costs throughout the supply chain?
  • How to meet consumer demands and improve quality, speed and service?
  • What are the advantages of digitalization of supply chain management?
These and other related questions will be covered during this Webinar.
EVENT DATE:

Tuesday, October 5th, 2021

8:00 am – 9:30 am (CST) | 16:00 – 17:30 (MSK)
COST: COMPLIMENTARY

Registration deadline: COB Monday, October 4th, 2021.

PLEASE CONTACT US FOR MORE INFORMATION:

2900 Wilcrest Drive, Suite 133, Houston, TX 77042 | +1 (713) 429-4680
info@usrussiacc.org | www.usrussiacc.org
MODERATOR:
Anton Posner

Chief Executive Officer,
The Mercury Group and Mercury Resources LLC;
North East Chapter Chair and 
New York Representative,
U.S.-Russia Chamber of Commerce

To read the full bio click here
SPEAKERS:
C. Brian Hesse

President and CEO, 
Rusal America Corporation

To read the full bio click here
Scott Bergeron

Director of Business
Development & Strategy,
Oldendorff Carriers GmbH & Co. KG

To read the full bio click here
Robin Martin

Head of Market Development,
London Metal Exchange

To read the full bio
click here
Scott R. Evans

C0-founder,
Waybridge

To read the full bio
click here
The U.S.-Russia Chamber of Commerce
invites you to the partner event -
Gastech Exhibition & Conference at Dubai World Trade Center,
September 21-23, 2021.

Gastech is a global platform that convenes industry leaders annually in their shared mandate towards a zero-carbon economy. A key enabler of engagement between policy makers, business leaders, disruptors and innovators, Gastech 2021 will drive the conversations, collaborations and connections to address the challenges and opportunities created by the energy transition. Lower and zero-carbon fuels will play a central role in the delivery of the new energy landscape, as global focus continues to move towards a decarbonized and sustainable environment. Gastech 2021 will take place in Singapore, an epicenter for trade across Asia, reflecting the rapid shift Asian economies are making towards Natural Gas and LNG to meet their energy demands. Gastech will help you shape the strategies that will enable your company to thrive, providing an opportunity to explore new markets, forge exciting new partnerships and generate new business across the gas, LNG, hydrogen and energy value chain.

Gastech will be held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai. Gastech is supported by the Ministry of Energy and Infrastructure of the United Arab Emirates. H.E. Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure commented that “The UAE is delighted to be hosting Gastech, one of the world’s leading events for the gas, LNG, hydrogen, and energy industry. Gastech comes at an important time for the energy industry with a shared global mandate to lower carbon emissions and provide clean affordable energy for all. Gastech is a key enabler of conversations and connections that drive the energy transition agenda."
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
Sulzer and Blue Planet Announce Partnership to Reduce CO2 Emissions to Sustainably Transform the Cement Industry

Sulzer.com, June 28, 2021: Sulzer is enabling the further development and optimization of Blue Planet’s innovative carbon mineralization process for carbon capture, utilization and storage (CCUS) solutions. The ground-breaking process will leverage Sulzer’s carbon reduction technologies to help reduce greenhouse gas emissions from industrial activities, for example by supporting the cement industry to produce carbon neutral or carbon negative concret. Read more...
Lukoil Team Wins a Contest for Best Qualification Assesment Tools

Lukoil.com, July 1, 2021: A joint team of experts from LUKOIL-Technologies and LUKOIL-Permnefteorgsintez (wholly-owned subsidiaries of PJSC LUKOIL) won the first prize in the National Competition  for the Best Qualification Assessment Tools in the personnel competency assessment category. The LUKOIL team has presented a set of theoretical and practical tests for professional exams designed for oil and gas pump operators (level 4 qualification). Read more...
RNG Continues to Implement the Program for the Replenishment of Aquatic Biological Resources

Rngoil.ru/en/, June 29, 2021: Over 214 thousand peled fry were released by the company’s ecologists into a tributary of the Vilyui reservoir — the Aannyaakh river, which flows through the territory of the Mirninsky district. The fry were raised in laboratory conditions by order of RNG at the Chernyshevsky Fish Hatchery State Unitary Enterprise. This is the only enterprise in Yakutia for fish breeding. RNG has been carrying out measures to compensate for possible damage to water resources for several years. This initiative, in particular, is aimed at maintaining biological diversity in the rivers of the region. Read more...
ExxonMobil to Sell Global SantopreneTM Business

Exxonmobil.com, June 30, 2021: ExxonMobil Chemical Company has signed an agreement with Celanese for the sale of its global SantopreneTM business for $1.15 billion, subject to working capital and other adjustments.The sale includes two world-scale manufacturing sites in Pensacola, Florida and Newport, Wales along with associated product, process development and laboratory equipment, operating and administration buildings, control systems and documentation, and intellectual property. Read more...
USRCC Announcement
The USRCC Member is seeking
business representative in Russia

Here are the key requirements:

  • The company / individual should have the industry contacts in dealing with Sulphur plants, CO2 capture and/or academics;
  • The representative should have a working knowledge of the amine industry;
  • The representative should have the understanding of how business works in the Russian region;
  • The company / individual could have represented tray vendors, solvent suppliers, other software, or Engineering, Procurement and Construction company.

For more details please contact: info@usrussiacc.org
Please indicate in subject line "Russian Representative"
GET INVOLVED

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
This Week in Review
Novatek Puts Wind Power on Table for Yamal LNG

Upstreamonline.com, June 28, 2021: Russia's largest LNG producer considers cost-effective measures to decarbonise its environmental footprint. Novatek-led liquefied natural gas producer Yamal LNG is considering adding a wind power plant to its existing gas-fired generation facilities in Russia as it aims to drive down its carbon emissions. Read more...
Global Gas Prices Rally on Hot Summer, Storage Demand

Reuters.com, July 1, 2021: Global prices for natural gas are at multi-year highs, with high temperatures driving up demand for power generation in the northern hemisphere for air conditioning and as traders in some regions replenish stocks ahead of winter. Read more...
Putin Hopes Russia’s Relations with US to Normalize

1prime.biz, June 30, 2021: President Vladimir Putin hopes that the relations between Russia and the U.S. will normalize, he said during a Q&A session on Wednesday. The president also said that Russia has adapted to sanctions, which encouraged development of the agricultural sector and the financial system. Read more...
Russia's Gold Mining Giant Plans to Boost Precious Metal's Output Amid Soaring Prices

Sputniknews.com, June 28, 2021: The price tag of gold per ounce skyrocketed in 2020 as global investors rushed to buy the precious metal as a safe haven asset at a time when the global economy descended into sudden crisis caused by the pandemic lockdowns. Russia's largest gold mining company, Polyus, has announced plans to ramp up the precious metal's output in the next two years. In 2021, the company expects more modest results compared to the previous year. Read more...
US’ Readiness to Greenlight Investments in Russia Hardly in Evidence so Far, Says Kremlin

Tass.com, July 1, 2021: The US’ readiness to greenlight investments in Russia by the country’s businessmen is hardly in evidence so far, Kremlin Spokesman Dmitry Peskov said in an interview with Channel One. Presidential Spokesman mentioned Putin’s words about the reasonability to leave business alone, as they are interested in cooperation, interested in implementation of joint projects, making money, etc. Read more...
Accelerated Decarbonization Demands Ever More Gas

Naturalgasworld.com, June 29, 2021: And Nord Stream 2 will contribute significantly to affordable European energy security, lower CO2 emissions and cleaner air. While taking court action in order to accelerate decarbonisation, future generations – including Fridays for Future – run the risk of a severe financial burden and subsequent negative social impact thanks to ideologically misguided efforts at decarbonising. The question is not only whether the tools we have now are adequate but whether what will be needed after 2030 will materialise. Read more...
Houston-Tyumen Sister Cities
A Large Federal Company will Build a Head Office in Tyumen - It could Cost Half a Billion Rubles

72.ru, June 28, 2021: The head office of a large federal company will be built in the center of Tyumenю The federal real estate company "Etazhi" will construct a building for itself in the center of Tyumen. The head office of the company will be located here. Realtors refused to buy ready-made offers - it was expensive and morally outdated. Read more...
CIS Business News
Belarusian Nuclear Power Plant Named Top Belarusian-Russian Project of Last Few Decades

Eng.belta.by, July 1, 2021: The construction of the Belarusian nuclear power plant is the most grandiose and most successful Belarusian-Russian project of the last few decades. Belarus President Aleksandr Lukashenko made the statement during the plenary session of the Forum of Regions of Belarus and Russia on 1 July, BelTA has learned. Read more...
Azerbaijani Tariff Council Adopts New Decision on Gas Tariffs

Azernews.az, June 30, 2021: A regular meeting of the Tariff Council of Azerbaijan was held on June 30, Trend reports with reference to the council. The appeal of the State Oil Company of Azerbaijan (SOCAR) was considered at the meeting and a corresponding decision was made on the regulation of tariffs for natural gas. Read more...
US-Russia Related News in Russian
◾ Новости недели
Цена Акций "Лукойла" на Московской Бирже Обновила Исторический Максимум

Tass.ru, Июль 1, 2021: Стоимость акций компании "Лукойл" в ходе торгов на Московской бирже достигала 7 005 рублей за штуку, тем самым обновив исторический максимум, следует из данных торговой площадки на 18:02 мск. Читать далее...
В Минэкономики Видят Дополнительный Потенциал Роста Экономики России

1prime.ru, Июль 1, 2021: Потенциал восстановительного роста российской экономики еще не исчерпан, заявила замминистра экономического развития РФ Полина Крючкова. По ее словам, меры поддержки доходов населения и потребительского спроса, запущенные в прошлом кризисном году, механизмы поддержки малого и среднего бизнеса наряду с благоприятной внешней конъюнктурой способствовали более быстрому восстановлению экономики РФ. Читать далее...
«Газпром» Идет на Новый Рекорд Экспорта

Kommersant.ru, Июль 1, 2021: «Газпром» отчитался о резком росте экспорта газа в дальнее зарубежье в первом полугодии — на 25,7%, до 99,9 млрд кубометров. Это второй по величине показатель в истории после первого полугодия 2018 года. На деле монополия могла бы побить тот рекорд, но ограничена в возможностях транспортной инфраструктуры, учитывая ее нежелание бронировать дополнительные мощности через Украину. Если газопровод «Северный поток-2» удастся хотя бы частично запустить к октябрю, то в целом за год «Газпром», вероятно, превысит показатель 2018 года в 201,8 млрд кубометров. Читать далее...
Посол США в России Посетил МИД

Gazeta.ru, Июль 1, 2021: Посол США в России Джон Салливан посетил российское министерство иностранных дел, где встретился с заместителем главы ведомства Сергеем Рябковым. Встреча длилась около полутора часов. Это был первый официальный контакт американского представителя с российской дипломатической службой после возвращения в Москву из Вашингтона. Читать далее...
Самолеты Superjet Подорожали из-за Роста Цен на Комплектующие

Rbc.ru, Июль 1, 2021: Производитель Superjet 100 сообщил лизингодателям о подорожании самолетов на 12,5%, до $36 млн. Рост цен объясняют увеличением стоимости западных комплектующих, в том числе из-за изменения валютных курсов, а также инфляцией. Читать далее...
Путин Подписал Закон о "Приземлении" Google и Facebook

Interfax.com, Июль 1, 2021: Президент Владимир Путин подписал закон, обязывающий крупные иностранные IT-компании, работающие с российской аудиторией, открывать полноценные представительства в России. Закон опубликовали 1 июля на официальном портале правовой информации. Читать далее...
 USRCC Executive Partners 
U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive
Suite 133
Houston, TX 77042

713-429-4680
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 Russian 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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