Reliance to expand polyester and PP portfolio

At the company's 32nd annual general meeting (AGM), India's petrochem major Reliance Industries Ltd. has announced plans to expand the company's Polyester and polypropylene portfolio. The expansion highlights are : RIL to emerge as 4th largest polypropylene producer in the world by 2008 Crude oil discoveries in MA1 well in deep water D6 block in KG basin Crude oil discoveries also in two wells in KG-III-6 shallow water block RIL commissions the world's largest polyester expansion project