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New Indian butyl rubber production could overcome the country's import dependency

February 29/2012

(process-worldwide) -- Indian oil and Russian technology could become the recipe for India's independence from foreign rubber imports: Sibur and Reliance Industries, two rising players in the global oil and petrochemical business, now join forces to build the world's fourth biggest butyl rubber production at Jamnagar, India.

Mumbai/India Ц India's largest private refiner Reliance Industries teams up with Russia's number one petrochemical company Sibur for a common produce butyl rubber project. Both companies agreed to form a the joint venture company Reliance Sibur Elastomers Private to produce 100,000 tons of butyl rubber per year in Jamnagar, India. This project marks the first butyl rubber production in the country and could well become the world's fourth biggest producers of the polymer when running at full capacity.
Author:Anna Larionova
Category:General News
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