Reliance Industries today said it has raised $2 billion loan from German banks to finance its petrochemical plant expansion. The facility has a door-to-door (tenure) maturity of 13 years and
The $40-billion Indian petrochemicals industry is expected to grow at 12-15 per cent annually over the next five years and generate millions of new jobs, says an Assocham study.
The
The global petrochemical industry’s centre of gravity is shifting to the feedstock-rich Middle East as dozens of new projects are coming up in the region while production falters elsewhere.
Gas importer Petronet LNG has shown interest in buying up to 10 per cent of a petrochemical project to be set up by ONGC Petro additions Ltd (OPaL), a senior Oil and Natural Gas Corp official said.
The merger of Reliance Industries with Reliance Petroleum will enhance value for
Mukesh Ambani-run Reliance Industries may not be immediately able to use natural
Mittal puts investments in $10 billion refinery-cum-petrochem project on hold
RIL has pulled back its petrochemical operations.
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