India's private petrochemical major,
Reliance Industries Limited (RIL) has successfully commissioned the refinery
off-gas cracker (ROGC) complex built at Jamnagar, Gujarat. The company
houses its integrated refining and petrochemicals production hub
at Jamnagar. The ROGC complex is the world's largest ethylene
crackers using residue off-gas to create feedstock for manufacturing
downstream petrochemicals. The project cost the company US Dollar 11
billion in capital expenditure.
The refinery off-gas cracker complex
has a unique configuration since it uses off-gases from Reliance’s two refineries
at Jamnagar which will boost the operating income of the company.
Today’s Stock closing bell, the Shares of
Reliance Industries quoted Rs. 916.95 per share, up 0.61%. The BSE-Sensex ended
at 33,793.38, down 18.88 points while the NSE-Nifty-50 index rose 1 point to
10,443.20.