Tag Archives | Reliance Industries

Pipes spur PVC demand

India’s construction boom continues and pipe manufacturers are steadily expanding capacities. Finolex Industries has plans to double its pipes capacity at Ratnagiri, Maharashtra, in phases to 200,000 tonnes/year over the next three years. The first phase will see an expansion by 30,000 tonnes by end-2007. In an interview with ICIS news, a senior company official […]

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India’s retail race

India’s organised retail business has a long way to go before it catches up with the rest of the world. There is a lot of interest in this sector these days with all the big Indian companies, including Reliance Industries, lining up to grab a share of the retail pie. So how big is the […]

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New petchem partners

Gail’s quest for petrochemicals has taken an interesting turn. It is now looking to tie up with Reliance Industries and Hindustan Petroleum Corp Ltd (HPCL) to set up two greenfield petrochemical plants. HPCL has planned a cracker at Visakhapatnam and it is likely that Gail will take a stake in this project. As for the […]

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More on gas…

Any talk of oil and gas inevitably leads to Reliance Industries and its lucky strikes in the Krisha-Godavari and Cauvery basins in India. The finds are the foundation for Reliance’s upstream business but a lot of work still needs to be done. It is estimated that the company is spending $80,000/day in its search for […]

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Jumbo Jamnagar

News about the configuration of Reliance Industries’ cracker at Jamnagar is finally trickling in. The plan is to use the offgases from the refineries as feedstock to produce 1.5m tonnes/year ethylene, reports ICIS news. This would make it the world’s largest ethylene unit, which is not really a surprise given Reliance’s fondness for all things […]

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It is not yet over…

Is it too early to bury the Dow and Reliance joint-venture deal? Today’s Economic Times reports that the two companies are still talking but a deal could be a few months away as many issues still need to be sorted out. The report refers to valuation and management issues but reiterates that both sides are […]

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