RIL, BRPL Form Strategic Alliance

Mumbai, Nov 6: | Updated: Nov 7 2003, 05:30am hrs
Reliance Industries Ltd (RIL) has formed a strategic alliance with Bongaingaon Refinery & Petrochemicals Ltd (BRPL) which covers the petrochemicals facilities of BRPL site at Dhaligaon, Assam. It consists of a 34,200mt per annum of Polyester Staple Fibre (PSF) capacity together with 45,000mt per annum of Dimethyl Terephthalate (DMT) capacity, which is used as a feedstock for PSF production.

The agreement to this effect was signed on Thursday between RM Hazarika, director-operations, BRPL and Subodh Sapra, president-polyester business, Reliance Industries Limited.

Under this alliance, RIL will provide technical and manufacturing support for achieving both full capacity utilisation and quality excellence. In addition, RIL will be responsible for marketing the entire output.