Reliance deal on unique resin technology
Reliance Industries Ltd has signed a MoU with DuPont Polyester Technologies to license the revolutionary resin technology known as NG-3 from DuPont. Reliance is expanding its existing Relpet polyester packaging resin 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.
The new plant will be located alongside the existing facility for Relpet at Hazira and will have a capacity of 220,000 tonnes per year. It will employ NG-3, the "newest generation" process from DuPont, uniquely designed to produce high molecular weight PET resin for the fast-growing bottle market. The end uses include packaging for brand name carbonated soft drinks and bottled drinking water.
The new range of Relpet products from the DuPont NG-3 technology will deliver to Reliance customers the twin benefits of shorter moulding cycle times and lower energy consumption in the production of bottles.
For details contact: Reliance Industries Ltd, Corporate Communications Division, Maker Chamber IV, 3rd Floor, 222 Nariman Point, Mumbai-400021. Tel: 022-2836364 & 2040304; Telefax: 022-2862212 & 2870072; E-mail: firstname.lastname@example.org