At the Reliance Industries 32nd AGM in Mumbai concluded recently, Chairman Mukesh Ambani, addressing shareholders stated that in the last few years the company spent in integrating petrochemical building blocks, intermediates and final products.
Further, the company focused on integrating acquisitions such as IPCL, Nocil , SM Dyechem; enabling to successfully brave stiff competition from Middle East producers of these products.
Reliance expanded the capacity of its Jamnagar polypropylene plant by 280,000 tons per year in April 2006.
By the end of 2008, 900,000 tons per year of polypropylene capacity would be added to the new export-oriented refinery of Reliance Petroleum, making the company fourth largest polypropylene producer in the world.
As regards polyesters, the company would go beyond meeting the requirements of the textile industry to provide solutions to the packaging, paper and construction industries.
Reliance will develop a whole range of technical and performance polyesters. The acquisition of Trevira Fibres and its integration gives Reliance access to a huge intellectual property portfolio to build upon.
Reliance recently commissioned the world's largest polyester expansion project and in a record 18 months; a 500,000 tons of polyester capacity plant was brought on stream, taking the polyester capacity under Reliance's control to 2 million tons a year.
Further, the company focused on integrating acquisitions such as IPCL, Nocil , SM Dyechem; enabling to successfully brave stiff competition from Middle East producers of these products.
Reliance expanded the capacity of its Jamnagar polypropylene plant by 280,000 tons per year in April 2006.
By the end of 2008, 900,000 tons per year of polypropylene capacity would be added to the new export-oriented refinery of Reliance Petroleum, making the company fourth largest polypropylene producer in the world.
As regards polyesters, the company would go beyond meeting the requirements of the textile industry to provide solutions to the packaging, paper and construction industries.
Reliance will develop a whole range of technical and performance polyesters. The acquisition of Trevira Fibres and its integration gives Reliance access to a huge intellectual property portfolio to build upon.
Reliance recently commissioned the world's largest polyester expansion project and in a record 18 months; a 500,000 tons of polyester capacity plant was brought on stream, taking the polyester capacity under Reliance's control to 2 million tons a year.
