Reliance board grants approval for US$3 bln cracker project in Jamnagar

26-Feb-07
The board of Reliance Industries Limited (RIL) has granted approval for the construction of a US$3 bln cracker project in Jamnagar, expected to go on stream by 2010-11. With a total capacity of 2 mln mtpa, the integrated cracker and petrochemicals complex is expected to be the largest in India, and is to be sited at the Special Economic Zone (SEZ) at Jamnagar. The cracker project would use refinery off gases and other byproducts as feedstock to manufacture ethylene, propylene and its downstream commodity and specialty derivatives. This unique integration with the refinery will place the proposed cracker complex at par with the most efficient producers of olefins and derivatives in the world including those in the Middle East. This unique position will enable Reliance to achieve one of the most competitive cost positions.
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