June 23-India's Reliance Industries aims to be among the top ten elastomer makers in the world. The company's chairman and managing director, Mukesh Ambani, outlined the ambition at the annual shareholders' meeting in Mumbai last week.
He said: "Reliance is the largest player in the synthetic rubber business in India. We want to build on this leadership to become one of the top ten elastomer companies in the world.
"Reliance will create additional capacities of poly butadiene rubber at Baroda, styrene butadiene rubber at Hazira and butyl rubber in a joint venture partnership with Sibur to complete a comprehensive portfolio in the synthetic rubbers domain, he added.
He said: "Reliance is the largest player in the synthetic rubber business in India. We want to build on this leadership to become one of the top ten elastomer companies in the world.
"Reliance will create additional capacities of poly butadiene rubber at Baroda, styrene butadiene rubber at Hazira and butyl rubber in a joint venture partnership with Sibur to complete a comprehensive portfolio in the synthetic rubbers domain, he added.
