Reliance Industries Limited
With 32 years of existence and excellence, "Reliance Polyester" has marked giant strides in the field of polyester and has emerged as world's largest integrated manufacturer of polyester. The company has reaped rich dividends from continuous innovation and hard work. The polyester business was started in 1982 with a capacity of 10,000 tonnes and has grown to 2.5 million tonnes. The polyester business saw a remarkable 18% annualized growth over the last 33 years, made possible by greenfield investments as well as acquisitions.
Under the brand name of 'Recron®', RIL's polyester business has established a presence in more than 100 countries across the globe, including the US, Europe, Southeast Asia, China and Japan, and holds over 4% of the global market share.
A key factor that helped Recron's rapid growth is its unique strength of complete integration in the polyester value chain. This guarantees reliable supply and consistent quality as the raw materials (PX, PTA and MEG) are all manufactured in-house.
Reliance is committed to safe and sustainable manufacturing, which has enabled it to set up state-of-the-art manufacturing facilities with significant operational efficiencies in record times. Over the years, the company has earned an enviable reputation for flawless project execution in different spheres, all of which were conceptualized and delivered on time.
The company has clubbed the consumer-oriented marketing efforts of Recron®, which consists of staple fibre and filament yarn business and Relpet® which consists of PET, to bring the portfolio of all related products under a single head.
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