Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1457.60
-0.85 (-0.06%)
< Home < Back

RIL enters into JV with Russia’s SIBUR

Date: 17-05-2010

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.  crackcrack