 "Apcotex to shutdown Taloja rubber plant for maintenance")
Reliance Industries Ltd (RIL) and Russian petrochemical giant Sibur will jointly set up South Asia’s first butyl rubber halogenation unit at RIL’s integrated petrochemical site in Jamnagar, Gujarat. An MoU to this effect was signed by the two companies at the recently-concluded Vibrant Gujarat Summit at Gandhinagar.
The unit will produce 60,000 metric tonne (MT) of halogenated butyl rubber every year under Reliance Sibur Elastomers Private Limited (RSEPL) - a joint venture (JV) formed in February 2012 in which RIL and Sibur have 74.9 percent and 25.1 percent stake, respectively.
Apart from the planned halogenation unit, the JV owns a 1,20,000 MT
