Reliance Sibur Elastomers Pvt Ltd, a joint venture between Reliance Industries Ltd (RIL) and Russian gas processing and petrochemicals company SIBUR began construction of its butyl rubber plant in Jamnagar. RIL owns 74.9% in the joint venture. When commissioned in 2015, this plant will be India’s only manufacturer of butyl rubber and the joint venture will be among the world’s top five producers of butyl rubber. When complete, the Jamnagar plant will have a capacity to produce 100,000 tpa.
RIL and SIBUR have signed a technology licensing agreement facilitating the use of the latter’s proprietary butyl rubber production technology at the new facility. This includes a basic engineering package (BEP) and provision of experienced technical personnel on both project and operational stages. RIL will supply the monomer and provide the joint venture with world-class infrastructure and utilities. It has also already started market seeding butyl rubber from SIBUR in India.