Reliance Industries is known for optimising value. It is now reported to be looking at utilising the petroleum coke from its Jamnagar refineries for production of synthetic fuel such as diesel and naphtha.
A report in the Business Line talks of the company looking at setting up a plant with a daily processing capacity of 4000 tonnes of petroleum coke. The technology partner for this venture would be Lurgi.
The plan is said to have interested Rashtriya Chemicals and Fertilisers and Tata Chemicals with both companies looking to use the synthetic fuel as feedstock at their respective fertiliser plants.
A few months back in an interview with ICIS news, Nikhil Meswani, executive director of the company, had said Reliance’s two refineries will provide 6m tonnes/year of petroleum coke and that a study was underway to examine the feasibility of producing various petrochemicals, including acetic acid.