Home / Knowledge / News / Textiles / RIL to commission 900,000 tons per annum of PP capacity
RIL to commission 900,000 tons per annum of PP capacity
12
Jun '08
Reliance Industries Ltd has informed about the Chairman's Statement delivered at the 34th Annual General Meeting of the Company held on June 12, 2008.

Diversified group of manufacturing companies, active in polymers, chemicals, fiber intermediates, petroleum, textiles and procurement.

Petrochemicals have been the second growth platform for Reliance. It encompasses a wide rage of polymers, synthetic rubbers and chemicals.

The acquisition of IPCL and its subsequent merger into Reliance brought new product categories to Reliance. This provides the sector with a natural hedge against business cyclicality in individual product categories.

In a short span, Petrochemicals have come to occupy a significant position and have enhanced our standing amongst global peers.

In most of the product categories, Reliance is amongst or close to the top ten petrochemical players in the world. Reliance would be commissioning 900,000 tonnes per annum of polypropylene capacity at Jamnagar this year.

This would make Reliance the 3rd largest polypropylene producer in the world. Last year I talked about the Jamnagar petrochemical project. The two million tonnes off-gas cracker, with matching downstream capacities, will give a new fillip to value creation by this business.

The unique refinery-petrochemical integration would give Reliance a competitive edge and make it robust. Growth of the Indian economy and improved standard of living has accelerated demand for petrochemicals.

The petrochemicals business would thus be driven by new capacities that Reliance would be bringing on-stream in the context of buoyancy in demand.

Click here to view more:

Reliance Industries Ltd


Must ReadView All

Market share of Indian textile items expand in 13 nations

Textiles | On 11th Dec 2017

Market share of Indian textile items expand in 13 nations

Thirteen countries — Germany, France, Italy, the United States,...

Courtesy: EUBrasil

Textiles | On 11th Dec 2017

Euratex, ABIT welcome negotiations for EU-Mercosur FTA

European Apparel and Textile Confederation (Euratex) and the...

Most firms expect no change in investment plans: CII survey

Textiles | On 11th Dec 2017

Most firms expect no change in investment plans: CII survey

Despite visible optimism in Indian industry with the Confederation of ...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search