Reliance Industries Ltd (RIL) seems to be taking the leap towards petrochemical downstream projects at an estimated investment outlay of Rs 30,000 crore at its special economic zone (SEZ) in Jamnagar. For this purpose, Reliance has made presentations to Dow Chemicals, Royal Dutch/Shell, Mitsubishi Chemicals, Nippon, ExxonMobil, Huntsman and Borealis, inviting them to invest in projects in the SEZ. The focus would be on five major polymers: polypropylene (PP), PVC, PTA, LDPE and isopropyl alcohol (IPA).
The SEZ project has been cleared by the Gujarat government cleared and awaits necessary approvals from the Central government.
23-Nov-05 
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