RIL to invest $3 billion in new petrochem complex

Mukesh Ambani-controlled Reliance Industries Ltd (RIL) is planning to spend $3 billion for a new petrochemical complex at Jamnagar. The new complex will utilise residual gases generated from the......

Petrochemicals: Hike import duty on polymers

Petrochemicals are chemicals manufactured from petroleum feed stocks. Petrochemical manufacturing involves manufacture of building blocks by cracking or reforming operation; conversion of building......

RIL shuts five polyester units

Reliance Industries has closed five of its seven polyester and petrochemical units at Patalganga near Mumbai soonafter offering exit option to employees, said sources close to the development. The......

RIL likely to post good numbers in first quarter

Strong refining and petrochemical margins seen boosting consolidated net by up to 6% Reliance Industries (RIL) is expected to post a 5-6 per cent increase in its first quarter (consolidated)......