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RIL's credit metrics to improve over next 2 years: Moody's

Reliance Industries' credit metrics will improve over the next two years on completion of petrochemical and refinery projects, Moody's said today. According to a Moody's Investors Service report,......

RIL's $15.5 bn capex to increase profits by 50%

Reliance Industries' $15.5 billion downstream refinery and petrochemical expansion projects are likely to add more than 50 per cent to its pre-tax earnings over the next three years, Morgan Stanley......

BP sells Malaysian plant to RIL for $230 mn

BP will sell its interests in purified terephthalic acid (PTA) production in Malaysia to a Reliance for $230 million, said a company statement.The agreement concerns BP's 100% equity in BP......

Chemicals: Remove customs duty on LNG, Naphtha

Indian chemical industry has an output of around USD 80 billion and ranks 12th in the world. The chemical industry which includes basic chemicals and its products, petrochemicals fertilizers,......

ICC seeks removal of customs duty on input materials

The Indian chemical industry has an output of around USD 80 billion and ranks 12th in the world while the size of the global chemical industry is in the region of USD 3 trillion.Basic Chemicals......
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ONGC board okays merger of its firms

In what would consolidate the petrochemical business of state-owned upstream major Oil and Natural Gas Corporation (ONGC), its subsidiary Mangalore... ...

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Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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