The plant with capacity of 2.2 million tons per annum is built with state-of-the-art crystallisation technology from BP which is highly energy efficient and environment friendly.
"With the commissioning of this plant, RIL's PX capacity will more than double from 2.0 million tons to 4.2 million tons per annum," a company statement said.
On commissioning of entire PX capacity, Reliance will be the world's second largest PX producer with 9 per cent of global PX capacity and 11 per cent share of global production.
PX is the building block for the entire polyester chain.
The new capacity will complete the integration within Reliance's polyester value chain, leading to improved margins and also strengthen its position in polyester industry globally.
"Commissioning of the new PX plant marks beginning of the culmination of a series of projects including the refinery off-gas cracker, ethane import project and petcoke gasification.
"These projects are part of the largest contemporary investment, in excess of Rs 100,000 crore, in refining and petrochemicals sector anywhere in the world," said Mukesh Ambani, Chairman and Managing Director, RIL.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
