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Adani, TCG gear up for petrochemical foray as RIL eyes expansion in sector

Adani planning PVC plant in Mundra, Gujarat; TCG looking to make polymers, chemicals and PTA at Cuddalore, Tamil Nadu

Topics
Adani Group | Reliance Industries | Petrochemicals industry

Viveat Susan Pinto  |  Mumbai 



Representative image
PVC plant by Adani would be able to produce goods such as emulsion PVC, suspension PVC, and chlorinated PVC at a time when overall PVC production in the country has been stagnant (Representative Image)

The and The Chatterjee Group (TCG) are set to become key competitors of (RIL) in petrochemicals, as the two players firm up plans to enter the sector. chairman Gautam Adani said last week in an interview to the Financial Times, that his conglomerate planned to invest over $4 billion in a petrochemical complex in Gujarat over the next few years.

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First Published: Sun, November 27 2022. 14:53 IST

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