Indian Synthetic Rubber Limited (ISRL) – a shining example of international collaboration is a joint venture Company promoted by Indian Oil Corporation Limited (IOCL), Trimurti Holding Corporation (THC), BVI (a 100% subsidiary of TSRC Corporation, Taiwan)and Marubeni Corporation, Japan. It leverages on the core competencies of the three multinationals. The equity shareholding pattern of the Company is – Indian Oil Corporation Limited (50%), Trimurti Holding Corporation (30%) and Marubeni Petrochemicals Investment B.V., (MPI) Netherlands, a 100% subsidiary of Marubeni Corporation, Japan (20%).
The project implemented by ISRL, a joint venture of Indian Oil Corporation Limited (IOCL), Trimurti Holding Corporation (THC), BVI (a 100% subsidiary of TSRC Corporation, Taiwan) & Marubeni Corporation, Japan, has been commissioned in November 2013
India’s first world-scale E-SBR facility has been set up by Indian Synthetic Rubber Limited (ISRL) in the industrial town of Panipat, Haryana. The state-of-the-art, Greenfield facility is a trail-blazing venture, which epitomizes international cooperation and synergy amongst global giants. It is being perceived as an advantage to the domestic tyre makers, whose entire E_SBR demand is being imported at present.
Located close to IOCL’s Naphtha Cracker Plant at Panipat (PNCP), the E-SBR Plant of Indian Synthetic Rubber Limited (ISRL) is approximately 125 kms from New Delhi, India’s National Capital. It is also well-connected to other parts of the country via the National Highway and the Northern Railways. ISRL has its Corporate Office at Noida.
ISRL, imbibes and leverages the values and core competencies of the three multinationals, resulting in an astounding synergy to put forth an unmatched value proposition to its customers and stakeholders.