Reliance Industries Ltd.

Reliance Industries is planning to shut a vacuum gas oil (VGO) hydrotreater at its 580,000 barrels per day (bpd) refinery in July, for catalyst replacement and will last for about two weeks. The refinery, adjacent to an older 660,000 bpd refinery at Jamnagar in Gujarat, has two VGO hydrotreaters of 110,000 bpd capacity each.

This VGO hydrotreater takes away sulphur and nitrogen content from heavy feedstock to produce feed for units like fluid catalytic crackers, which produce value added products like liquefied petroleum gas and gasoline.

The company has posted a rise of 31.94% in its net profit at Rs 5,589 crore for the quarter ended March 31, 2013 as compared to Rs 4,236 crore for the same quarter in the previous year. However, total income of the company has decreased marginally by 1.18% at Rs 86,441 crore for quarter under review as compared to Rs 87,477 crore for the quarter ended March 31, 2012.