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ADNOC and Reliance Industries to set up petrochemical project in Abu Dhabi

Integrated plant will have a capacity to produce 940,000 tonnes of chlor-alkali, 1.1 million tonnes of ethylene dichloride and 360,000 tonnes of PVC annually

Reliance Industries
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The deal is largely for a stake in RIL’s prolific Jamnagar refinery, which is among the most advanced in the world

Twesh Mishra New Delhi
Reliance Industries (RIL) and Abu Dhabi National Oil Company (ADNOC) have signed an agreement to set up a new petrochemical complex in Ruwais, Abu Dhabi, to produce chlor-alkali, ethylene dichloride, and polyvinyl chloride (PVC).

Under the terms of the agreement, this integrated plant will have a capacity to produce 940,000 tonnes of chlor-alkali, 1.1 million tonnes of ethylene dichloride, and 360,000 tonnes of PVC annually, RIL said in a statement on Tuesday.

According to oil sector executives, it would cost upwards of Rs 30,000 crore to set up the petrochemical facility.

Chlor-alkali is used in water treatment and in the manufacture of textiles

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First Published: Jun 29 2021 | 8:33 PM IST

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