Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
29 May, 2017 11:29 IST
Reliance to emerge as second largest producer of Para-xylene
Source: IRIS | 21 Apr, 2017, 09.41AM
Comments  |  Post Comment

Reliance is executing major projects in its energy and materials chain at Jamnagar covering Para-Xylene, Cracker complex along with downstream plants and Gasification.

Jamnagar is one the largest contemporary project sites globally with some of the largest and most complex process units ever built anywhere in this industry. These projects will add significant value to Reliance’s (Q,N,C,F)* Refining & Petrochemical business and enable Jamnagar complex to achieve energy self-sufficiency. The benefits of integration at the Jamnagar complex will set a new paradigm of scale and value addition in the Refining and Petrochemicals industry.

Para-Xylene, Cracker and downstream projects (MEG, Linear Low density and Low density Polyethylene) as well as Gasification which is linked to RIL’s DTA refinery, have now been installed, mechanically complete and are in various stages of pre-commissioning and commissioning.

Shares of the company gained Rs 20.75, or 1.52%, to trade at Rs 1,390.15. The total volume of shares traded was 25,269 at the BSE (9.28 a.m., Friday).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Reliance Comm swings to loss in Jan-Mar quarter - 29-May-2017 11:01
Tech Mahindra quarterly net drops 33% - 29-May-2017 10:51
Bank of Baroda to raise Rs 90 bn through equity dilution - 29-May-2017 09:58
JSPL completes 6 MTPA integrated steel plant at Angul - 29-May-2017 09:46
Zydus Cadila gets final approval for Acamprosate Calcium Tablets - 29-May-2017 09:41
Glenmark receives final approval for generic version of Bystolic Tablets - 29-May-2017 09:22
Strides Shasun completes USFDA inspection at Bangalore facility with 3 observations - 29-May-2017 09:18
Ashok Leyland turns to profit in Jan-Mar quarter - 26-May-2017 17:40
ITC Q4 profit climbs 12% to Rs 26.69 bn - 26-May-2017 16:50
Maruti Suzuki to start 15 automobile skill enhancement centres - 26-May-2017 11:08
Tata Power Renewable Energy raises Rs 5 bn via NCDs - 26-May-2017 11:00
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer