Indian Rubber industry gears up
ERJ staff report (DS)
Beijing / Mumbai - India's total synthetic rubber capacity is set to grow to over 500 kt/year from the 2010 total of 113 kt/year within two years.
The figures are revealed in a long story on the CRIA website which show that demand is currently running at over 400 kt/year. Historically the shortfall has been made up through imports.
The projects noted by CRIA include
An SBR plant with capacity for 120,000 tons due on stream in the first quarter of 2013. The project is a joint venture between the Formosa Plastics Corporation and Indian Oil combined with Japan's Marubeni Corporation and is located in Haryana, India Administrative Region of Panipat. The project is expected to add more capacity bringing the total by 2015 to 200 kt/year.
Reliance Industries is building a 150kt/year SBR unit due on stream in mid 2013. The same company is putting in a 40 kt/year polybutadiene plant and a 100 kt/year butyl rubber plant using technology from Sibur.
India's GAIL is reportedly building a 90 kt polybutadiene plant in Dahej in Gujarat
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News story from CRIA (Chinese language)
Above story auto-translated (from Chinese language)
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