Reliance Sibur Elastomers (RSEPL), a joint venture between Indian Reliance Industries (RIL) and Sibur of Russia has started the construction of a joint butyl rubber plant in India's petro–city Jamnagar.
Jamnagar/India – “Reliance is excited to join a select group of global Butyl Rubber producers. India, as a fast emerging auto hub, is a vast market for these products. We look forward to serving this market,” stated Reliance's Executive Director Nikhil Meswani. When commissioned in 2015, the new plant will be India’s only manufacturer of butyl rubber placing the joint venture will be amongst the world’s top five manufacturers of butyl rubber.
RIL and Sibur signed a technology licence agreement facilitating use of Sibur's proprietary butyl rubber production technology at the new facility. The licensing package includes the development of a Basic Engineering Package (BEP) and full-time provision of highly-experienced technical personnel on both project and operational stages.
RIL will supply monomer and provide the JV with world-class infrastructure and utilities of its Jamnagar refinery and petrochemical complex. The project is progressing as per the original schedule. The BEP has already been completed in Nov 2012, and Detailed Engineering is underway. At present, RSEPL is placing orders for long-lead equipment. When complete, the Jamnagar plant will have the capacity to produce 100,000 tonnes of butyl rubber annually.