Reliance Industries Ltd. plans to set up a new unit to convert petroleum coke, a low-value residual output of refining crude petroleum, into high value synthetic fuel such as diesel and naphtha. This new conversion technology will open up a new revenue stream for the company. Reliance produces 2.5 mln tpa of petroleum coke (petcoke) as residue while refining crude oil.
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05-Oct-07 
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