The move will help bring to India a unique composite of natural fibres, polymers and a specialised blend to create an alternative to wood which will help save forests while also offering durable, waterproof and recyclable raw material.
Reliance said "it has entered into a licence agreement with Resysta International GmbH (Resysta) which gives the company exclusive rights of production and marketing of RelWood, a natural fibre polymer composite (NFPC), in India".
Wood today finds applications from furniture to toys. But this comes at a price -- the price of barren land and tree stumps that are left behind. Now, after years of innovative engineering and research a product has been created, a product that doesn't just save the trees, but also gives the ability to carry on the craft of woodworking.
RelWood is a superior product that looks like wood, feels like wood but is much stronger and durable. Its production does not require any trees to be felled and is also economical compared to natural wood.
Its unique properties include water resistant, fire retardant, UV and termite resistant, bend and molding flexibility.
Vipul Shah, COO Petchem, RIL, said "Through this strategic partnership with Resysta, RIL is looking forward to produce the RelWood compound exclusively in order to meet the fast-growing demand of real alternative to tropical wood.
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
