Reliance-SIBUR JV Considers Setting Halogenated Butyl Rubber Plant in India

Reliance Sibur Elastomers Private Limited, the Joint Venture between Reliance and SIBUR for Butyl Rubber manufacturing has been completed at Jamnagar and the facility is expected to start first phase of commercial operation by the end of 2019. The JV is also planning to set a halogenated butyl rubber (HBR) production facility to cater to the growing demand for tubeless tyres. HBR facility will have a production capacity of 60 KTA which is anticipated to come on-stream by the first quarter of 2021. With the sluggish demand currently witnessed by the automotive industry in India, the demand for tyres is likely to recover