Reliance to Build Polybutadiene Rubber and Polyester Filament Yarn Plants in India

Reliance Industries’ chairman and managing director Mukesh Ambani, in a speech at the company’s annual general meeting last week said that the company plans to build a polybutadiene rubber plant at Baroda, India and a 360,000-m.t./year polyester filament yarn plant at Silvassa, India. No further details were disclosed. “We are committed to creating competitive capacity to cater to the next decade of growth in India and Asia,” Ambani says. “India’s high rate of economic growth is giving a boost to the automobile, construction...

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