Tag Archives | Reliance Industries

Reliance eyes coal

Coal has started attracting the attention of Indian majors. Reliance Industries is said to be talking to Coal India for a joint venture 80,000 bbl/day coal-to-liquid project. The project would require an investment of $5bn This report in the Times of India says that Reliance has already asked the government for mines that can supply […]

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ONGC delays Dahej

This is probably an indication of how difficult it is for Indian public sector companies to put together a petrochemical project. ONGC has announced yet another delay to its cracker complex at Dahej, Gujarat, from mid-2010 to February 2012. The project, which has been in the pipeline for many years, appeared to have gathered speed […]

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Reliance plans EPC venture

After cracking the world of oil, gas, refining and petrochemicals Reliance Industries is setting its sights on the engineering, procurement and services (EPC) sector says this report in today’s Economic Times. A blueprint for a global EPC business is said to be ready and the plan with Reliance looking at a turnover of Rs50bn in […]

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Awash with paraxylene

There is one more paraxylene (PX) plant being planned in India and it is Indian Oil Corp (IOC) again. IOC is said to be studying a plant next to its refinery in Vadodara, Gujarat and has received preliminary approval from its board. There are no details yet on capacity and timing of the project. IOC […]

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IOC eyes Egypt

Indian Oil Corp (IOC) is the latest entrant to Egypt. The country’s oil minister has said that talks are on for a $9bn refinery and petrochemical complex. A feasibility study is likely to be ready by mid-2010 after which IOC would take a final decision on the investment. Egypt has drawn up a mega plan […]

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New petchem partners

An alliance between Reliance Industries and Gail has been formalised with the signing of an MoU for cooperation in petrochemical projects outside India. The two companies will scout for opportunities and set up a working group to explore naphtha or gas-based investments in the Middle East, Russia and the former Soviet Union. A special purpose […]

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Gail turns to Qatar

In its quest for advantaged feedstock, Gail (India) must have explored almost every country in this world. The latest is Qatar where the company is looking at setting up an integrated complex jointly with Qatar Petrochemical Co (Qapco). This report talks of Qapco working out the broad contours of an ethane-based 1.9m tonnes/year complex. Interestingly, […]

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PO surplus set to continue

Despite India’s stellar economic performance there are signs that the country’s polyolefin surplus will not disappear very soon. In a presentation at last week’s Asian Chemical and Petrochemical Conference, Raj Datta of Haldia Petrochemicals Ltd drew out three scenarios. In the first case, India would have a surplus of 2m tonnes of polyethylene (PE) and […]

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Managing the manpower crunch

I know innovative solutions are needed to manage the talent squeeze in India. And trust Reliance Industries to find one. According to this report, the company is now turning to its employees to fill the vacuum. Faced with a shortage of pilots to run its proposed cargo airline, Reliance has turned to its young employees […]

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Plans for pet coke

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 […]

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