Reliance Industries Ltd.

Reliance Industries (RIL) is drawing up ambitious plans to be a world leader in rubber and is investing up to $12 billion in the chemicals business to tap the rapidly-growing market for hygiene and healthcare products. Reliance has the advantage of massive plants such as the world’s biggest refining complex at Jamnagar that can supply feedstock used in by the chemical industry, in which it plans to invest $10-12 billion.

Most of chemical industry depends on feedstock. RIL in terms of feedstock currently is from C-1 to C-16 and will now add further value to that feedstock. It can become the largest supplier to all the private label players. That is an integrated energy play based on innovation and technology. The feedstock-based units would be at Jamnagar.
In the rubber market, RIL sees huge opportunities and it is reinvesting in the traditional businesses of polyester and plastics.