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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......

IPCL set to merge with Reliance Industries

Ending months of speculation, Reliance Industries today said it is considering merging group firm Indian Petrochemicals Corporation Ltd with itself. The boards of both the companies will meet on......

No change in IPCL management

Mukesh Ambani Group-controlled Indian Petrochemicals Corporation Ltdsaid on Friday there would be no change in its managementpost amalgamation of its subsidiaries with itself.The petrochemical......

IPCL to merge six Reliance group firms

These are Apollo Fibres, Central India Polyester, India Polyfibres, Orissa Polyfibres, Recron Synthetics and Silvassa Industries. The IPCL board, which approved the merger, also recommended swap......

IPCL to merge half a dozen firms

The Mukesh Ambani-controlled Reliance group plans to merge a handful of its polyester fibre companies with its petrochemicals firm, Indian Petrochemicals Corporation Ltd.Sources close to the......

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Coming to India and making

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