RIL, Rohm to set up chemical unit

Sign an MoU for 200,000 tonne facility at Jamnagar.

Reliance Industries today announced that it will set up a chemical plant at Jamnagar in Gujarat in partnership with US-based Rohm and Haas Co, the world’s biggest producer of acrylic-paint ingredients.

The companies have signed a memorandum of understanding for a plant with a capacity to produce 200,000 tonnes of acrylic acid annually.

Products from the new plant would be used to make paints, packaging adhesives, detergents, and textile and construction materials, Reliance said in a statement to the exchanges.

Industry sources said the decision to collaborate with Rohm and Haas meant Reliance would not acquire the commodities business of Dow Chemicals. Read more at Business Standard

RIL, Rohm and Haas sign MoU for acrylic unit

Reliance Industries (RIL) and Rohm and Haas Company have signed a memorandum of understanding (MOU) to explore the joint construction of a world-scale acrylic-monomer complex in Jamnagar, India.

According to a release issued by Reliance to the BSE today, the proposed facility would have the capacity to make approximately 2,00,000 tonne of acrylic acid and its esters annually. "Materials from the facility are intended to serve as building blocks for environmentally-advanced products for paints and coatings, packaging adhesives, detergents, textile and construction materials. The new facility is expected to spur development of super absorbent polymers used primarily in the manufacture of baby diapers," the release added.