02/04/2014

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ISRL starts up new E-SBR plant in India

The new plant has a capacity of 120,000 t/y and is said to be the first E-SBR plant in India. ISRL is a joint venture company of TSRC Corporation, IndianOil, and Marubeni Corporation, with a total investment of USD 185 million by shares of 30 %, 50 %, and 20 %, respectively. ISRL combines the strengths of the three partners: TSRC's marketing and technical expertise in E-SBR, IndianOil's butadiene feedstock and stable supplies, and Marubeni's logistics network. The joint venture expects stable growth in E-SBR demand due to the rapid development of the automotive industry in India.

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