Reliance and SIBUR form a Joint Venture to produce butyl rubber in India
The Joint Venture will be the first manufacturer of butyl rubber in India and the fourth largest supplier of butyl rubber in the world.
Reliance Industries Limited (RIL) and SIBUR, Russia and Eastern Europe's largest petrochemical company have agreed to form a joint venture named Reliance Sibur Elastomers Private Limited to produce 100,000 tons of butyl rubber per year in Jamnagar, India.
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