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Reliance Industries to import US ethane to feed its crackers in India
12:37 PM MDT | August 22, 2014 | Natasha Alperowicz
Reliance Industries (Mumbai) told the Bombay Stock Exchange today that it will source 1.5 million m.t./year of ethane from the United States to feed its crackers in India. The company has executed storage and capacity agreements for liquefaction and export of ethane with a North American terminal, which is expected to begin operating in the second half of 2016. "The shale gas industry in North America has grown exponentially in the past five years. As a result, ethane has become the dominant feedstock for crackers replacing liquids. Reliance's investments in...
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