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Reliance Industries Announces Five Year Plan for its Oil to Chemicals Business

8/30/2022

Reliance Industries Limited (RIL) Chairman Mukesh Ambani spoke at the company’s 45th Annual General Meeting this week, and he outlined some goals for the next five years of RIL’s petrochemical development.  Mr. Ambani stated that “We are committed to maximize oil to chemicals integration and convert our advantageous feedstock streams to high-value chemicals and green materials." Part of this 75,000-crore plan to expand petrochemical capacities is the proposal to build what RIL considers to be one of the world’s largest single train purified terephthalic acid (PTA) plant in Dajeh, with a capacity of 3 million tons annually.  RIL is also developing a 1 million ton per year polyethylene tereph

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