New Delhi, Oct 28: Mukesh Ambani's Reliance Industries Ltd, the country's largest company by market capitalisation has shut down its Polypropylene plant at the Jamnagar refinery complex, with a view to improving swing capability and increasing propylene yield.
A company statement which was released on Monday, Oct 27 said that the shutdown is expected to last for about four weeks. It will also be utilised to carry out other routine maintenance and turnaround activities.The rest of the units at the refinery are continuing to operate at their normal throughputs and product dispatches to customers will be unaffected through the duration of the shutdown, the statement added.
RIL, Asia's largest producer of polypropylene, produces nearly a million tonne of the raw material used for packaging at the Jamnagar plant.
It controls about 70 per cent of the domestic polypropylene market and supplies three per cent of the world demand. Polypropylene is extensively used to make sacks for packaging commodities such as cement, foodgrains and chemicals. It is also used to make automobile parts such as bumpers, mud-guards and dashboards.