• PAGE ONE
• INDEX
• HOME

RIL production volumes up

Our Bureau

MUMBAI, Oct. 24

RELIANCE Industries Ltd (RIL) has reported an increase in production volumes at 5.7 million tonnes, despite overall demand slowdown, against 5.3 million tonnes in the first half of financial year 2000-01.

The company is expected to continue the growth in production volumes through fresh capacity creation, acquisitions and cost efficient debottlenecking, a news release said.

RIL's total polyester production has gone up by 16 per cent over last half year compared to industry growth figures of 9 per cent. Partially-oriented yarn volumes grew by 18 per cent in the first half of the current financial year compared to industry av erage of negative 13 per cent.

RIL has acquired control over 2,60,000 tonnes of polyester capacity over last three years, the release said. The company's polymer production grew by 10 per cent in the first half compared to industry average of 16 per cent. Production of polypropylene, polyethylene and polyvinyl chloride was up by 15 per cent, six per cent and one per cent respectively.

The company's oil and gas production has seen an eight per cent increase in the first half of this fiscal. Oil and Gas production from RIL's existing producing fields Panna, Mukta and Tapti went up by three per cent to 5,40,978 tonnes during the half yea r, the release said.