Not that kind of pet
12 Mar 2002
Reliance Industries has signed a Memorandum of Understanding (MOU) with DuPont Polyester Technologies (DPT) to license the resin technology known as NG-3 from DuPont.
Reliance said it will expand its existing Relpet polyester packaging resin (PET) capacity of 80,000 tonnes per year to 300,000 tonnes per year by building the world's first plant based on the NG-3 process.
This new plant will be located alongside the existing facility for Relpet at Hazira and will have a capacity of 220,000 tonnes per year. Reliance is already the second largest polyester yarn and fibre producer in the world, with a capacity of 925,000 tonnes per year.
With this new plant for Relpet, the total capacity of Reliance Industries for polyester yarn, polyester fibre and polyester packaging resin will exceed 1.2 million tonnes per year.
The new plant will employ NG-3, the 'newest generation' process from DuPont, designed to produce high molecular weight PET resin for the fast-growing bottle market. End uses include packaging for brand name carbonated soft drinks and bottled drinking water.
Reliance expects that initially a significant volume of Relpet made from the new plant will be exported to major overseas distribution and marketing networks.
