RIL Doubling Polyester Capacity To 1.5 mtpa

Mumbai, April 26 | Updated: Apr 27 2004, 05:30am hrs
Indias largest polyester manufacturer Reliance Industries Ltd (RIL) is doubling its polyester capacity, taking the total capacity of the group to 1.5 million tonne per annum (mtpa). The new capacity would be ready in the next nine to 15 months.

According to industry sources, the capacity of polyester filament yarn (PFY) is being doubled from the existing 3.2 lakh tonne annually, while the capacity of polyester staple fibre (PSF) is being doubled from the present 2.3 lakh tonne per annum. The expansions would be carried out at the companys Hazira and Patalganga complexes.

The company produces an additional 0.4 million tonne of yarn and fibre by its associated companies. With this, the total capacity stands at 1.5 million tonne per annum.

RIL is the largest manufacturer of PSF, PFY and polyethylene terepthalate with a market share of 54 per cent. In the first half of last year (2003-04), RILs polyester production volume increased 11 per cent to 4.64 lakh tonne, which was higher than the growth rates in the industry. However, the demand for these products was marginally higher at 7.53 lakh tonne during that six month period.