Gulf Oil and Gas accountACCOUNT

Reliance & Sibur JV Plans to Build South Asia’s First Halogenated Butyl Rubber Unit

Source: www.gulfoilandgas.com 1/17/2017, Location: Asia

Share |
Reliance Sibur Elastomers Private Limited (RSEPL), a joint venture between SIBUR and Reliance Industries Limited (RIL), announced plans for setting up South Asia’s first halogenated butyl rubber unit at RIL’s integrated petrochemical site in Jamnagar, India. Currently, the design phase is underway. The production site will feature the JV’s 120 ktpa butyl rubber plant, which is now under construction. Depending on the market environment and customer demand, up to 60 ktpa of its total future output might be used as feedstock to produce halogenated butyl rubber at the new facility.

Commenting on the halogenated butyl rubber unit, Mr Nikhil Meswani, Executive Director, RIL, said, "RSEPL’s halogenated butyl rubber plant will be well-poised to capitalise on the significant surge in regional demand in tyre and pharmaceutical industries. India is expected to see a quantum jump in tyre production, with Indian and International tyre majors gearing up to make capital investments of Rs. 15,000 crore. The halogenated butyl rubber demand is expected to grow at a rapid pace of 8-10% CAGR over the next few years, driven by increasing customer preference for tubeless tyres in India and neighbouring countries, and significant investments in the manufacture of pharmaceutical closures and tank inner liners.”

“India offers attractive investment opportunities given the growing local demand for synthetic rubbers and Gujarat’s favourable investment environment coupled with the well-developed infrastructure and raw material availability at a world-class Industrial site owned by RIL. SIBUR has a long track record of successful cooperation with RIL and Gujarat’s government, which has provided us with a solid basis for expanding our footprint in India,” said Dmitry Konov, Chairman of SIBUR’s Management Board.

Production from RSEPL will substitute imports, providing impetus to the government’s Make in India initiative.

Construction of the butyl rubber plant is in full swing at Jamnagar, its commissioning targeted for 2018.

Petrochemicals News in Russia >>

Iran >>  7/28/2018 - Having the last turbo expander launched, SP20&21 ethane production met its final capacity. While all four turbo expanders of the Unit 105 launched, Al...
Netherlands/Holland >>  7/26/2018 - LyondellBasell (LYB) one of the world's largest plastics, chemical and refining companies, announced the cooperation with Karlsruhe Institute of Techn...

Russia >>  7/26/2018 - Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, has acquired a high-technology manufacturing—logistics terminal (TA Bit...
Algeria >>  7/24/2018 - Sonatrach is in talks with oil majors and trading firms to start a trading joint venture after the Algerian state energy company reached a deal this y...

Azerbaijan >>  7/18/2018 - Fabrizio Di Amato, Maire Tecnimont Chairman and majority shareholder, and Pierroberto Folgiero, Maire TecnimontGroup CEO, proudly welcomed President o...
Russia >>  11/28/2014 - The Board of Directors of Gazprom Neft has reviewed information on the progress of the modernisation of the company’s oil refining facilities, and the...

Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 |

More News

 

Oil & Gas Companies in Russia >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.