SIBUR & Reliance Sign Pact To Set Up Rubber Plant In Gujarat

South Asia’s first butyl rubber halogenation unit is all set to start at RIL’s integrated petrochemical site in Jamnagar, Gujarat. The Russian petrochemical giant, SIBUR has signed a pact with Indian company Reliance (RIL) to set up a new rubber plant in India’s prosperous western state of Gujarat. The Jamnagar plant will have an annual capacity of 60,000 metric tonnes. A MoU was signed by the two companies related to this plant at the recently concluded Vibrant Gujarat Summit last week at Gandhinagar.

A joint venture (JV) was formed in February, 2012 in which RIL and Sibur have 74.9 percent and 25.1 percent stake, respectively. The production of rubber will take place under this JV called, Reliance Sibur Elastomers Private Limited (RSEPL). This JV also owns a butyl rubber plant (currently under construction at the same venue) with an annual capacity of 1,20,000 MT. The aim is to produce necessary butyl rubber for the halogenation unit.

A per Reliance Industries Executive Director, Nikhil Meswani, “The annual aggregate growth for halogenated butyl rubber will grow by 8 to 10 per cent over the next few years”. On the other hand, Sibur’s Chief Executive, Dmitry Konov was of the view that “India is an attractive destination for investment in view of the growing demand for synthetic rubber”. He also thanked the Government of Gujarat for providing amicable environment for the Russian company to work in this JV project.

Author: Ankit verma

My need for speed began at a very early age and I realised this as soon as I got my first bicycle at the age of 8. When all the other kids would break downhill I would pedal harder just to go faster and enjoy the thrill. Adding to my interest for speed, I grew engrossed in the working mechanics of two wheelers thanks to my father as he is a hydraulic mechanic and would take me along with him on his repair sessions. Eventually I became familiar with the tools and basic technical concepts of two wheelers.Super sport and sport tourers are more of my liking and the sparks to these flames were ignited the first time I experienced the maddening power of a Yamaha YZF R1. I was just 14 years old at the time and got to ride as a pillion with an older acquaintance. This one short ride influenced my every decision in terms of the bikes I want to own. As of today I’m 26 years old and a proud owner of a Yamaha Fz15 version 2.0 and a Kawasaki Ninja 650 2014 model having clocked a decent 30k Kms only while touring, waiting to clock 1000s more as riding makes me feel whole again after enduring the dismal routines of life. Read more