Financial Daily from THE HINDU group of publications
Tuesday, Apr 27, 2004
Financial Daily from THE HINDU group of publications Tuesday, Apr 27, 2004 |
||
|
|
||
|
Corporate
-
Outlook RIL plans to double polyester capacity Our Bureau
Mumbai , April 26 RELIANCE Industries Ltd (RIL) plans to double its polyester manufacturing capacity to 11 lakh tonnes per annum from the current capacity of 5.5 lakh tonnes. According to a source, the company would be adding fresh capacity of 2.3 lakh tonnes of fibre and 3.2 tonnes of yarn per annum at its Hazira and Patalganga plants. Part of the new capacity will be created this fiscal and the rest in the next, the source added. During the previous fiscal, the company had expanded the yarn capacity by 50,000 tonnes and fibre by 40,000 tonnes. In 2003-04, RIL's total polyester production increased by five per cent to 8.5 lakh tonnes. The fresh capacities are expected to be commissioned within the next 9-15 months. Taking into account the capacities of its strategic partners, Reliance will now control a production capability of 1.5 million per annum, the source said.
More Stories on : Outlook | Petrochemicals
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|