Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1346.00
-49.90 (-3.57%)
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RIL enters into license agreement with Resysta

Date: 27-04-2017

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.