State-owned Indian Oil Corp (IOC) plans to partner with Marubeni Corp and Taiwan's TSRC Corp to invest Rs 900 crore in a Styrene Butadiene Rubber (SBR) plant at Panipat. The SBR would produce high quaality synthetic rubber used in the manufacture of automotive tyres, conveyors and fan belts.
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Thursday, April 08, 2010
Indian Oil Corp to invest jointly in Rs 900 crore SBR unit at Panipat
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