The country's most valued firm, Reliance Industries, has been named among the world's top 20 chemical companies in a global ranking, which sees the Indian firm jumping to the top tier soon with a major acquisition.
The company led by industrialist Mukesh Ambani has been ranked at 20th position in the ICIS Top 100 Chemicals Companies list, which was topped by German major BASF.
The companies were ranked on the basis of their annual sales figures in the annual list released by ICIS Chemical Business magazine, which is published by ICIS, a global information provider for the chemical and energy industries.
Terming RIL and Chinese major PetroChina among the major climbers on the list over the past decade, the report said the top rankings could be soon come under attack by these two firms.
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