09 May 2013 09:43 [Source: ICIS news]
TAIPEI (ICIS)--Reliance Industries Ltd (RIL), the Indian energy and petrochemicals major, will start up one of its new polyethylene terephthalate (PET) bottle lines in September or October this year, a company source said on Thursday.
“[The company] will start up one line first in September or October and another line in about four months’ time,” the source said.
The two new PET bottle chip lines will have a capacity of 320,000 tonnes/year each and will be located at Dahej.
The source was speaking at the sidelines of the annual Asian Petrochemical Industry Conference (APIC), which is being held in the Taiwanese capital of Taipei on 9-10 May.
“India’s demand for PET bottle chip is set to grow further in the next few years, at a rate as high as 22%,” the source added.
Reliance has also begun to implement a major expansion of its polyester capacities in India. New projects include a 390,000 tonne/year poly-condensation unit at Silvassa, to be used to make a variety of yarns including partially oriented yarn (POY), as well as a 290,000 tonne/year polyester staple fibre (PSF) plant.
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