The butyl rubber (IIR) plant of Reliance Sibur Elastomers Private Limited (RSEPL), a joint venture between Reliance and Sibur, is all set to come on stream by the middle of this year. The lower logistic costs and the parentage of Reliance – the largest company in India – will enable the JV to secure leading position in the Indian butyl rubber market from the very first year of production, says Vadim Lishinsky, Director for International Development at Plastics, Elastomers and Organic Synthesis Division of Sibur.
In an interview to Rubber Asia, he says that the halogenated butyl rubber demand is expected to grow at a rapid pace  over the next few years, driven by increasing customer preference for tubeless tyres in South Asia.
He indicated that enriched by the experience gained from the Reliance-Sibur collaboration, Sibur may enter into more JVs with global players such as Sinopec and Saudi Aramco and is looking for local partners who understand the market, cultures and geo-political structure.
Read the full story in March-April 2019 issue of Rubber Asia