Reliance Industries (RIL) has commissioned the first phase of Para-xylene (PX) plant at Jamnagar, Gujarat. The plant with capacity of 2.2 MMTPA is built with state-of-the-art crystallization technology from BP which is highly energy efficient and environment friendly.
With the commissioning of this plant, the company’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.
RIL is an India-based private sector company, with business in energy and materials value chain and in retail and digital services. The company operates in four segments: refining, petrochemicals, oil & gas and organized retail. The refining segment includes production and marketing operations of the petroleum products.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1304.20 |
| Indian Oil Corp. | 138.95 |
| BPCL | 295.15 |
| HPCL | 387.00 |
| MRPL | 156.40 |
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