Reliance Industries to hike PET bottle resin capacity

By Satnam Singh
Correspondent

Published: July 29, 2013 1:25 pm ET
Updated: July 29, 2013 1:28 pm ET

Related to this story

Topics Materials Materials Suppliers
Companies & Associations

MUMBAI, INDIA — Indian petrochemical giant Reliance Industries Ltd. is hiking its PET bottle-grade resin capacity by setting up two more facilities by the first quarter of 2014.

Currently, the company’s two PET plants in Hazira manufacture 350,000 metric tons of PET bottle resin annually. Reliance plans to hike the capacity to 1 million metric tons with the opening of two facilities in Dahej.

Mumbai-based Reliance’s strategy is to create capacity before demand. The plants will primarily cater the Indian market, although the company is likely to export some of the production.

The plants, which will each have the capacity to make about 325,000 metric tons annually, will open in the last quarter of 2013 and the first quarter of 2014.


Comments

Reliance Industries to hike PET bottle resin capacity

By Satnam Singh
Correspondent

Published: July 29, 2013 1:25 pm ET
Updated: July 29, 2013 1:28 pm ET

Post Your Comments


Back to story


More stories

Image

Dow Chemical to merge chlorine operations with Olin

March 27, 2015 12:43 pm ET

Dow Chemical Co. is combining a large part of its chlorine value chain with specialty chemicals and ammunition maker Olin Corp. to create a global...    More

Image

Eastman Chemical expanding Tritan co-polyester capacity

March 27, 2015 10:00 am ET

Eastman Chemical Co.'s Tritan-brand co-polyester business continues to grow, with 35 million pounds of capacity added late last year and a second...    More

Image

PolyOne's Patterson focused on keeping the momentum going

March 27, 2015 9:30 am ET

New PolyOne CEO Robert Patterson sees a lot of good things when he looks at his company, which ranks as North America's largest compounder and...    More

Image

Improvements to Radici's nylon line takes it into more applications

March 27, 2015 9:00 am ET

Radici Group, the Italian-headquartered materials firm, outlined the benefits of its Radilon and Radistrong nylon products at NPE 2015.    More

Sun Plastech, Plastics Color Corp. note major milestones at NPE

March 27, 2015 9:00 am ET

Sun Plastech Inc. and Plastics Color Corp. — two well-known materials firms — are marking anniversaries at NPE 2015.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events