Reliance starts final phase of Jamnagar project

Reliance Industries has commissioned the second and final phase of paraxylene project at Jamnagar in Gujarat.

It said the project is part of the USD 16 billion investment it is making in expanding petrochemical production capacity to lower feedstock and fuel costs and boost profits.

“Reliance is executing major projects in its energy and materials chain at Jamnagar covering para-xylene, cracker complex along with downstream plants and gasification,” the company said in a statement.

Paraxylene is used to make building blocks for fibre and films. The projects will add significant value to Reliance’s refining and petrochemical business and enable Jamnagar complex to achieve energy self-sufficiency, it said.

Image Credit : static-news.moneycontrol.com

Research Desk

Next Post

L&T to join hands with Korea's Hanwha to make self-propelled guns

Sat Apr 22 , 2017
It looks like Larsen & Toubro Ltd will ink an agreement with Korea’s Hanwha Techwin to supply self-propelled guns to the army under the government’s Make in India programme. Quoting an official familiar with the development, a report in Moneycontrol said the pact between the two companies will be for […]
L&T to join hands with Korea's Hanwha to make self-propelled guns

Categories

Blog Stats