India’s Reliance starts the 1st phase of new PX plant
by ChemOrbis Editorial Team - content@chemorbis.com
According to media reports, India’s Reliance Industries started operating the first phase of its new PX plant in Jamnagar, Gujarat, which is expected to increase the value of the products from refineries as well as the profitability of the Jamnagar complex.
The plant will have a capacity of 2.2 million tons/year and double the total PX capacity of the company from 2 million tons/year to 4.2 million tons/year.
After all PX capacities become operational, Reliance will have a share of 11% of the world’s total PX production and is expected to be the world’s second largest PX producer, the reports revealed.
The plant will have a capacity of 2.2 million tons/year and double the total PX capacity of the company from 2 million tons/year to 4.2 million tons/year.
After all PX capacities become operational, Reliance will have a share of 11% of the world’s total PX production and is expected to be the world’s second largest PX producer, the reports revealed.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Tight supplies keep Asian PVC markets bullish
- Crude oil market sentiment turns in favour of bulls
- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops
- Tight supply keeps expectations bullish in Turkey’s PVC market
- End of China’s ‘zero-COVID’ stance: Double-edged sword for Asia PVC, PP and PE markets
