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RIL enters into license agreement with Resysta

27 Apr 2017 Evaluate

Reliance Industries (RIL) has entered into a license agreement with Resysta International GmbH (Resysta) which gives RIL exclusive rights of production and marketing of RelWood, a Natural Fiber Polymer Composite (NFPC), in India.

This compound will be the raw material for the production of sheets & various profiles used in a wide range of wood & plywood replacement applications.

Reliance Industries (RIL) is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.


Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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