RUSAL Challenge: Looking for Joint-Venture Partners for the Production of Goods

AWARD:  varies
DEADLINE: 3/04/17
ACTIVE SOLVERS: 38
POSTED: 1/19/17

RUSAL wishes to leverage the potential of one of its aluminum smelting plants. Located in Nadvoitsy, this plant is equipped with state-of-the-art technology, qualified personnel, unique conditions for energy-intensive production, and is situated in a particularly favorable location classified as a priority area for economic development, therefore benefiting from various incentives to investment. 

With that in mind, RUSAL is looking for a partner that can leverage this plant by partnering with RUSAL for the production of new goods, preferably aluminum based but not limited to them. 

This is an electronic Request-for-Partners (eRFP) Challenge; the Solver will only need to submit a written proposal to be evaluated by the Seeker with the goal of establishing a collaborative partnership.

Source: InnoCentive
Challenge ID: 9933923
 
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Challenge Overview

RUSAL is continuously seeking for partners to engage in new joint projects. In this instance, the objective is to find a suitable partner to leverage the potential of an aluminum smelting plant. This joint venture opportunity is particularly attractive because:

  • The plant is equipped with state-of-the-art aluminum smelting technology and qualified personnel
  • A partnership with hydro power utility Ondskaya HHP has been established, guaranteeing unique power supply conditions, including the possibility to install energy-intensive production (e.g. data base centers)
  • The location, Nadvoisty (Karelia region, Russia), is logistically very favorable with access by road, rail, and sea (White Sea – Baltic Sea canal), allowing for export shipments without waste of time
  • The Nadvoitsy settlement is included in the state programme to create territories of priority social and economic developments (with consequent incentives to investment)

More details about these conditions can be found in the Detailed Description of this Challenge. 

This is a great opportunity to partner with RUSAL, a company proficient in setting up new operations based on global standards and best production practices established for tens of years of our experience in the sector. Hence, RUSAL is looking for a partner that can leverage this plant by partnering with RUSAL for the production of new goods, preferably aluminum-based, but not limited to them. 

This is an electronic Request-for-Partners (eRFP) Challenge. The Solver will write a preliminary proposal (about 5-10 pages, including supporting non-confidential information and contact details) to be evaluated by the Seeker with a goal of establishing a collaborative partnership (see the Challenge Details for more information on the type of partnership). Upon completion of the evaluation, the Seeker may contact selected Solvers directly to work out terms for a collaboration contract. The monetary value of the contract will vary depending on the amount of work to be delivered and the agreed upon time frame. 

NOTE: The Seeker will consider proposals from Solvers who have the ability to work as a partner, aiming at the establishment of a joint venture with a 50% participation of each party. In addition, the Seeker also welcomes submissions that refer to organizations that the Solver is aware of, if:

  • The Solver is in a position to say why the proposed organization would be an appropriate partner. Such justification should be included in the Solver’s submission and address the listed Technical requirements.
  • The Solver is in a position to facilitate the negotiations with the proposed partner.

In this case, the Seeker will consider offering a $15,000 award once a legally binding agreement, memorandum of partnership or intent of cooperation with the proposed partner has been agreed to. 

Submissions to this Challenge must be received by 11:59 PM (US Eastern Time) on March 4, 2017. Late submissions will not be considered

ABOUT THE SEEKER

RUSAL is a leading, global aluminium producer and one of the world’s major producers of alumina. The company was founded in 2000 and became the global aluminium industry leader in 2007. RUSAL operates in 13 countries on 5 continents.  The company employs over 61,000 people across the globe. RUSAL’s assets include 11 aluminium smelters, 11 alumina refineries, 8 bauxite mines, 3 aluminium powder plants, 2 silicon factories, 2 secondary aluminium plants, 4 foil mills, 2 cryolite and 1 cathode plants. The company’s current capacity means it is able to produce 4.2 million tonnes of aluminium, 11.5 million tonnes of alumina and 90 thousand tonnes of foil per annum. The company’s key sales markets are Europe, Russia and the CIS countries, North America, South-East Asia, Japan and Korea. The major end users are transport, construction and package industries.  RUSAL’s main products are primary aluminum, aluminium alloys, foil and alumina. The company has access to vast resources of raw materials and provides for the entire production cycle – from bauxite mining to the production of alloys. This enables RUSAL to be operationally flexible and provide the highest quality of products.

 

What is InnoCentive?

InnoCentive is the global innovation marketplace where creative minds solve some of the world's most important problems for cash awards up to $1 million. Commercial, governmental and humanitarian organizations engage with InnoCentive to solve problems that can impact humankind in areas ranging from the environment to medical advancements.

What is an eRFP Challenge?

eRFPs allow Seekers to submit Requests for Proposals for a partner or supplier to provide materials or expertise to help solve a business challenge to the InnoCentive Solver community. This global community includes organizations and individuals, such as contract research organizations, scientists, university researchers, and technology companies.

After a Solver submits an eRFP response, the Seeker evaluates the responses to determine which Solver(s) to contact for further business discussions. With eRFPs, the Solver must not provide any confidential information in the eRFP response. If your eRFP response is selected, you negotiate the terms of the contract (including scope of work, tasks and duration) directly with the Seeker.

This Challenge type does not require Intellectual Property (IP) transfer. However, sometimes Challenges of this type do request that certain IP arrangements be made should a partnership be formed.

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