Reliance-Sibur JV will lead Indian butyl rubber market

Reliance-Sibur JV will lead Indian butyl rubber market

  • 21-Mar-2019 9:00 PM
  • Journalist: Patrick Knight

The butyl rubber plant of Reliance Sibur Elastomer Private Limited, at Jamnagar, India has now been completed. The production capacity of this plant is around 120 KTA, which is a joint venture of India’s Reliance and Russia’s Sibur.

As per this venture agreement, Reliance will sell butyl rubber in India and across Asia other than Korea and China. Sibur will deal in Korea, China, and rest of the world.  The two companies are also planning to set up halogenated butyl rubber plant which will meet the demand of the tyre industry.

Related News

Bearishness Persisted in the US Butyl Rubber Market in November 2024
  • 05-Dec-2024 7:15 PM
  • Journalist: Rene Swann
Mixed Butyl Rubber Market Trends in US and Russia October 2024
  • 11-Nov-2024 10:00 PM
  • Journalist: Joseph Dennie
US Butyl Rubber Market Witnesses Upsurge Amid Mixed Downstream Demand
  • 07-Oct-2024 8:00 PM
  • Journalist: Jacob Kutchne
Butyl Rubber Market Witnessed Surge Amid Rising Costs and Exports in July 2024
  • 14-Aug-2024 12:04 PM
  • Journalist: Rene Swann