Rubber Production India's First State-of-the-Art Styrene Butadiene Rubber Plant Inaugurated
Dr M Veerappa Moily dedicated to nation India’s first State-of-the-art Styrene Butadiene Rubber (SBR) Plant at Panipat, Harayana in the presence of Minister of State for Petroleum & Natural Gas & Textiles Smt Panabakka Lakshmi and other dignitaries.
Panipat/India – Dr Moily described this is as a milestone achievement by Indian Oil Corporation, India’s largest company to visualise and implement such a project which will provide us the product E-SBR for which we were looking at other countries. This will result in substantial amount of savings of foreign exchange. He congratulated and thanked Marubeni and TSRC for coming to India and joining hands with IndianOil in setting up of this state-of-the-art SBR Plant in Panipat. SBR is suitable to produce various products like tyres, conveyor belts, hose, shoe soles, industrial goods, etc with superior processing properties like flexing resistance, tear and cracking resistance, improved abrasive resistance, etc.
Completed at an estimated cost of Rs.958 crore, the project is designed to produce 120 KTA of high quality styrene Butadiene Rubber which is currently imported for manufacture of automotive tyres and other applications. Commissioning of this prestigious project would significantly contribute to foreign exchange savings and also generation of employment opportunities in the state of Haryana.