Mukesh Ambani-led Reliance Industries (RIL) today said it has commenced a planned capacity expansion across four categories in the polyester chain.

The company will be benefiting from recent happenings like substantial price increase and uncertain outlook for cotton availability as polyester products come in as substitutes, it said in a release issued here.

“It is expected that polyester will capture around 80 per cent of incremental global fibre demand of around 2.9-million tonnes per annum over the medium to long term,” it said.

“Demand for Polyethylene Terephthalate (PET), which is already India’s fastest growing polymer is also poised for exponential growth due to continued demand in the bottling, packaging and food & beverages sectors,” it said, listing the expansion projects being undertaken.

The capacity expansion involves creating capacities of 2.30-million tonnes of PTA (Purified Terephthalic Acid) at Dahej with the ability to increase it by another 1.15 million tonnes of PTA at a later stage, the release said.

It also entails adding capacities of 3,95,000 tonnes of PFY (Polyester Filament Yarn) and 1,40,000 tonnes of Polyester Texturised Yarn at Silvassa, 5,40,000 tons of PET (Polyethylene Terephthalate) at Dahej with the option to add 5,40,000 tonnes of PET at the same location at a later stage, and 2,90,000 tonnes of PSF (Polyester Staple Fibre) at Dahej.

All the projects are under various stages of implementation currently and will be carried out in phases over “the next few years”, it added.

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