Entries from India Chemicals Blog tagged with 'Reliance Industries'
Keeping up with the times
Chemical companies are constantly adapting to external challenges and this is clearly evident in a comparison of the ICIS listing of top chemical companies in 2008 and 1998. Three companies that figured in the top 10 list for 1998 have...
Family feuds
It seems to be the season for family disputes and India is not the only country seeing this. Reliance Industries has company in South Korea's Kumho Petrochemicals where two brothers are struggling to take control of the Kumho Asiana Group....
Reliance struggles with troubled Trevira
Trevira was Reliance's first global acquisition and was expected to be the start of a wider programme to extend Reliance's global reach through mergers and acquisitions. But just five years later Trevira is once again on the block after filing...
Double trouble
It's a double whammy for Reliance Industries. Not only have petrochemical margins dwindled but gross refining margins (GRM) have also fallen sharply in the last two months. One report suggests that the company recorded negative refining margins in October and...
Reliance pumps oil
It is finally here. After years of waiting and rumours of delays Reliance Industries has finally started pumping oil from its massive KG-D6 block of the Krishna Godavari basin. Initially about 5,000 bbls/day of crude is being pumped out although...
JK wants to sell acrylic fibre. Any takers?
JK Synthetics is once again scouting for a buyer for its 18,000 tonnes/year acrylic fibre plant in Jhalawar, Rajasthan, according to this report in the Economic Times. I doubt if the company is going to be successful. JK was declared...
Reliance for carbon fibre?
Reliance Industries is reported be looking at sourcing technology from India's National Aersospace Laboratories (NAL) to build a 4000 tonnes/year carbon fibre plant at Vadodara. NAL had set up a 20 tonnes/year plant in Bangalore in 2006 with the material...
The caustic-chlorine dilemma
Indian demand for caustic soda has been steadily expanding thanks to the alumina sector but investments in new chlor-alkali facilities are being held back by limited demand growth for chlorine. As is usually the case, India’s low per capita consumption...
New hurdle for CTL projects
It is two steps forward and one back for Indian coal-to-liquid (CTL) projects. Just a few months back an interministerial group had cleared an $8bn project proposed by the Tatas and Sasol. And Reliance Industries was also in talks with...
Govt approves Tata's CTL project
The Tatas are set to launch India’s first $8bn coal-to-liquid (CTL) project. The project, a joint venture with Sasol, is said to have received government clearance. The Tatas have sought access to 30m tonnes/year of coal to produce 3m bbls...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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