Reliance Industries (RIL) has scheduled a planned turnaround at its Nagothane manufacturing site. The cracker and some of the downstream units will be shut for approximately four weeks, starting around mid-January 2015.
This opportunity will be used to carry out routine maintenance activities and for implementing other profit improvement and energy conservation measures. RIL’s crackers and other downstream units at other locations will continue at normal levels of operations. With advance planning and inventory management, impact on external sales is likely to be minimal.
Reliance Industries is India’s largest private sector company, with a consolidated turnover of Rs 4,46,339 crore ($74.5 billion), cash profit of Rs 33,980 crore ($5.7 billion) and net profit of Rs 22,493 crore ($3.8 billion) for the year ended March 31, 2014.
