To set up South Asia's first butyl rubber halogenation unit at Jamnagar, Gujarat
Reliance Industries and Russian petrochemical giant SIBUR signed an MoU at the recently-concluded Vibrant Gujarat Summit at Gandhinagar to set up South Asia's first butyl rubber halogenation unit at RIL's integrated petrochemical site in Jamnagar, Gujarat.The unit will produce 60,000 MT of halogenated butyl rubber every year under Reliance Sibur Elastomers Private Limited (RSEPL) - a joint venture (JV) of which RIL owns 74.9%, and SIBUR 25.1%.
Apart from the planned halogenation unit, the JV owns a 1,20,000 MT per annum butyl rubber plant, currently under construction at the same venue which will provide the necessary butyl rubber feed to the halogenation unit.
Construction of the butyl rubber plant is in full swing at Jamnagar, its commissioning targeted for 2018.
Production from Reliance SIBUR Elastomers (RSEPL) will substitute imports and reduce outflow of valuable foreign exchange from India, providing impetus to the government's Make in India initiative.
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