Mukesh Ambani

Photo: Deccan Herald

Reliance To Invest Rs 75,000 Cr To Expand Petrochemical Capacity

Reliance Industries Ltd. (RIL) has announced to invest Rs 75,000 crore in the next five years to expand its petrochemical capacity, informed RIL chairman Mukesh Ambani on August 29. Ambani, while speaking at the company’s annual general meeting, said that the investments will be used in setting up a PTA plant. The money will also be used in expanding polyester capacity, tripling capacity of vinyl chain and a chemical unit.

Mon, 29 Aug 2022 - 09:01 PM / by Shibu Immanuel S

Tags: Petrochemical, Reliance, Mukesh Ambani, PTA Plant, UAE