Reliance Industries (RIL), leading private sector enterprise with businesses in the energy and materials value chain, commissioned its new polyester filament yarn (PFY) facility at Silvassa.
The entire production from this facility has been successfully placed in the domestic and international markets. With the commissioning of this ultra-modern polyster filament yarn facility, Reliance's total PFY capacity, including the Malaysian facilities, is in excess of 1.5 MMTPA.
The new PFY plant at Silvassa is the most automated and one of the most environment friendly plants globally. It is co-located with RIL's existing texturizing facility at Silvassa eliminating the packaging and logistics costs.
Shares of the company declined Rs 7.85, or 0.82%, to trade at Rs 945.00. The total volume of shares traded was 841,716 at the BSE (10.13 a.m., Tuesday).