Chemicals - Jamnagar, Gujarat, India
Reliance Industries Ltd and Sibur have forged a partnership to seize the opportunities within the robustly growing synthetic rubber industry. This has led to the formation of Reliance Sibur Elastomers Private Limited, a joint venture wherein Reliance holds 74.9 % stake and SIBUR owns 25.1%. This joint venture has set up South Asia's first butyl and halogenated butyl rubber production facility at Jamnagar, India with a world scale capacity of 120,000 metric tonnes per annum.
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