Make your products visible globally with Elite Membership.
I agree to the terms and conditions
Existing User?
Sign In with Email
Remember Me Forgot Password?
New User?
Enter your registered Email ID to get reset password.
Elite Member
Individual Register
MUMBAI, INDIA: Russia, Eastern Europe’s largest petrochemical company, SIBUR and India’s largest private company, Reliance Industries Limited (RIL), will form a joint venture, Reliance Sibur Elastomers Pvt Ltd to produce 100,000 tonne of butyl rubber per year in Jamnagar, India. The JV will be the first manufacturer of butyl rubber in India and the fourth largest supplier of butyl rubber worldwide. The JV will invest $450 million to construct the facility, which is expected to be commissioned in mid-2014.
The investment is in line with Reliance’s vision of emerging as a significant player in the global synthetic rubber market. Reliance’s share in the JV will total 74.9 per cent, while Sibur will account 25.1 per cent. Reliance and SIBUR also signed a technology licence agreement facilitating use by the JV of SIBUR’s proprietary butyl rubber production technology at the new production facility.
© WOC News
Login
LUDWIGSHAFEN, GERMANY: BASF is going to stop producing lead chromate pigments by the end of 2014 at the latest and concentrate worldwide on the produc ...
GAITHERSBURG, US: Filtering carbon dioxide, a greenhouse gas, from factory smokestacks is a necessary, but expensive part of many manufacturing proces ...
SCOTLAND, UK: ExxonMobil was fined £2.8m ($5.7 million) for failing to report carbon dioxide emissions from its Mosmorran chemical plant in Fi ...
RABIGH, SAUDI ARABIA: Petro Rabigh, a joint venture petrochemical project between Saudi Aramco and Sumitomo Chemical Co may postpone a $6 billion plan ...
DHAHRAN, SAUDI ARABIA: Saudi Aramco Asia Company Limited (SAAC), a subsidiary of Saudi Aramco, and PT Pertamina (Persero) signed a Memorandum of Under ...
HOUSTON, US: Manan Mehta, Undergraduate Student, Rice University discovered a method to create libraries of ‘circularly permuted’ proteins ...
Stay updated with the latest chemical industry trends and innovations.
Verification Code has been sent to
Please enter the Verification Code below to verify your Email Address.If you cannot see the email from "noreply@worldofchemicals.com" in your inbox,make sure to check your SPAM Folder