Reliance Industries Limited (RIL) announced successful commissioning of the first phase of Paraxylene (PX) plant at Jamnagar, Gujarat on the birth anniversary of Reliance’s Founder Chairman Padma Vibhushan Shri Dhirubhai H. Ambani.
The plant with capacity of 2.2 MMTPA is built with state of the art crystallization technolgy from BP which is highly energy efficient and environment friendly. With the commissioning of this plant, RIL’s PX capacity will more than double from 2.0 MMTPA to 4.2 MMTPA.
On commissioning of entire PX capacity, Reliance will be the world’s second largest PX producer with 9% of global PX capacity and 11% share of global production. The new PX capacity takes RIL a step closer to being among the top 10 petrochemical players globally.
Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said that this is a fitting tribute to their visionary Founder Chairman Shri Dhirubhai H. Ambani.
The new PX capacity will add value to the output from refineries and improve the profitability of the Jamnagar complex. PX is the building block for the entire polyester chain. The new capacity will complete the integration within Reliance’s polyester value chain, leading to improved margins and also strengthen its position in polyester industry globally.
Commissioning of the new PX plant marks beginning of the culmination of a series of projects including the refinery off gas cracker, ethane import project and petcoke gasification. These projects are part of the largest contemporary investment, in excess of Rs. 100,000 crore, in Refining and Petrochemicals sector anywhere in the world. The projects are on schedule and at an advanced stage of mechanical completion.
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