Reliance Industries (RIL) is a major player in the Indian petrochemicals sector with integrated operations ranging from the production of crude oil and gas to polyester and polymer products as well as the manufacture of textiles. Its petrochemical operations include olefins, aromatics, polyethylene (PE) , polypropylene (PP), polyvinyl chloride (PVC) , polyester intermediates and solvents.
Reliance's strategy includes building and sustaining leadership positions across its product categories in the domestic markets as well as pursuing attractive export opportunities.
In the petrochemical and refining business, the company will strive for global leadership and to be amongst the lowest cost producers worldwide. It will continue to invest in research, quality, safety and the environment.
Looking ahead, Reliance will identify new businesses with high growth potential and invest in businesses that can scale rapidly and generate returns over an extendable period of time.
Reliance employs around 23,365 people with headquarters in Mumbai, India, and had sales of $44.6bn in its 2009-10 financial year.
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Founder: Dhirubhai Ambani
Chairman: Mukesh Ambani
Board member: Nikhil Meswani
Board member: Hital Meswani
Board member: H.S.Kohli
Board member: Ramniklal Ambani
Board member: Mansingh Bhakta
Board member: Yogendra Trivedi
Board member: D V Kapur
Board member: M P Modi
Board member: S Venkitaramanan
Board member: Ashok Misra
Board member: Shri Dipak Jain
Board member: Raghunath Anant Mashelkar
Board member: P.M.S. Prasad
Reliance IndustriesMaker Chambers IV Nariman Point Mumbai 400 021 India Tel: +91 22 2278 5000Fax: +91 22 204 2268 Email: email@example.com
Reliance Industries (RIL) claims to be India's largest private sector enterprise. It is a major player in the Indian petrochemicals sector. Reliance's operations capture value addition at every stage from producing crude oil and gas to polyester and polymer products and are vertically integrated to the production of textiles. On 5 September 2007, Reliance Industries Limited (RIL) and Indian Petrochemicals Corporation Limited (IPCL) merged together. The merger proposal between RIL and IPCL was first announced on 10 March 2007.
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Reliance Industries (RIL) has the clear message that while its growth is “planned and focused”, it is also “spontaneous and self-energising”. In addition, the company states that it is “on the path to improving its global ranking” in polymers by building “extremely competitive” new assets in India. (Edited from annual report and company website). ICIS also provides you with key financial data listed in table form.
More about Reliance Industries Strategy & Financial Highlights
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