RIL refinery and petrochemicals book net profit of 28% in the second quarter of 2017

Published on July 22, 2017

Reliance Industries Limited (RIL) The major turnarounds in this sector has been the announcement of and the successful and flawless commissioning of the last crystallization train (Train 3) of the Para-xylene (PX) complex at Jamnagar. This plant is built with state-of-the-art crystallization technology from BP which is highly energy efficient. With the commissioning of this plant, RIL’s PX capacity has more than doubled making it world’s second largest producer of PX with about 11% of global production. The other major announcement was Reliance and BP moving forward to develop already discovered deepwater gas fields, bringing new gas production for India. Further, RIL and BP announced that they will award contracts to progress development of the ‘R-Series’ deep water gas fields in Block KGD6 off the east coast of India. 


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