Reliance Industries Ltd. and Rohm and Haas Co. announced earlier this week an agreement to explore the joint construction of a world-scale acrylic-monomer complex in Jamnagar, India.
The facility, which will have the capacity to produce about 200,000 tons of acrylic acid and its esters per year, would primarily serve the the domestic market, but could also export acrylic acid and derivatives.
Materials from the facility will serve as building blocks for environmentally advanced products for paints and coatings, packaging adhesives, detergents, textile and construction materials.
Rohm and Haas headquartered in Philadelphia, Pa., develops technologies for the specialty materials industry. The company had annual sales of about $8.2 billion in 2006.
The Reliance Group, of which Reliance Industries is part of, has businesses in the energy and materials market, and is India’s largest private sector company. The Group has annual revenues over $22 billion.