RIL shuts Jamnagar paraxylene unit for maintenance

RIL shuts Jamnagar paraxylene unit for maintenance

BureauUpdated: Saturday, June 01, 2019, 02:33 PM IST
article-image

Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) has closed one of the  three paraxylene producing units at its Jamnagar refinery complex in Gujarat for maintenance, the company said Thursday.

“The scheduled shutdown period is approximately for a period of six weeks,” RIL said in a filing with the Bombay Stock Exchange (BSE).

The shutdown will also be utilised to improve the reliability and performance of the unit.

The other two units will continue to operate normally, the statement added.

The Jamnagar refinery has a total capacity of 1.8 million tons of paraxylene per annum.

RIL stock closed Thursday at Rs.902.15 a share, up 11.95 points, or 1.34 percent, over its  previous close on the BSE.

RECENT STORIES

RBI Grants Compensation Powers To Internal Ombudsman Of Banks, Ensuring Consumer Protection

RBI Grants Compensation Powers To Internal Ombudsman Of Banks, Ensuring Consumer Protection

India's Manufacturing Growth Slows, New Orders & Job Creation Hit

India's Manufacturing Growth Slows, New Orders & Job Creation Hit

RBI Introduces Major Changes: IPO Financing Limit Raised To ₹25 Lakh, Infrastructure Projects...

RBI Introduces Major Changes: IPO Financing Limit Raised To ₹25 Lakh, Infrastructure Projects...

RBI Makes 5 Powerful Moves, From Interest Rates To Rupee & Rural Banks — What It Means For You &...

RBI Makes 5 Powerful Moves, From Interest Rates To Rupee & Rural Banks — What It Means For You &...

Gold Futures Surge ₹535 To All-Time High Of ₹1,17,800 Per 10g, US Govt Shutdown Triggers...

Gold Futures Surge ₹535 To All-Time High Of ₹1,17,800 Per 10g, US Govt Shutdown Triggers...