RIL enters into JV with Russia’s SIBUR

Reliance Industries Ltd. | Refineries | Oil & Gas | BSE: 500325 | NSE: RELIANCE

17 May 2010 Evaluate

Reliance Industries (RIL) has entered into a joint venture with Russia’s leading petrochemical company SIBUR to make butyl rubber as demand for rubber from India’s automobile industry shows a rapid increase. The joint venture will make butyl rubber at RIL’s integrated petrochemical complex in Jamnagar.

SIBUR will provide proprietary technology for polymerisation and its finishing, while RIL will supply monomers. It operates across the entire petrochemical value chain from gas processing to the production of synthetic rubbers. crack crack

Peers

Company Name	CMP
Reliance Industries	1226.00
Indian Oil Corpn.	135.80
Bharat PetroleumCorp	307.55
HPCL	351.50
MRPL	164.85
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.