The juggernaut rolls on...

IIPM Publication

Mukesh has ensured that RIL continues to lead in three critical benchmarks of excellence – raise money from the market at cheaper rates than the competition, complete all outstanding projects on schedule and dictate the pricing mechanism in every segment they enter. The Jamnagar unit in Gujarat, with a capability of 33 MMTPA is the biggest green field project across the orb, bringing together a complex plant that has a captive power incorporated with petrochemicals. With the expansion processes being undertaken on a major scale, Reliance Petroleum should start functioning in full capacity by the month of December next year. The sheer size & scale of this project should make Jamnagar the next big refining destination of the globe and in the process, also ensure that RIL further strengthens its overwhelming price leadership in the petrochemicals arena. The company is also setting up an acrylic monomer complex with a capacity of 200,000 TPA in an MoU with US-based Rohm & Haas. There were also rumours of an attempt to form a JV with Dow Chemicals, which did not ultimately see the light of day.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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