To check Oneindia News on your Mobile
go to:   http://m.oneindia.in/news/
  •  

Reliance signs MoU with Rohm and Haas for acrylic unit

Mumbai, Mar 22 (UNI) India's most valuable private company Reliance Industries (RIL) have signed a memorandum of understanding (MoU) with the United States-based Rohm and Haas company to explore the joint construction of a 2-lakh tonne acrylic-monomer complex at Jamnagar in Gujarat.

'' Materials from the facility are intended to serve as building blocks for environmentally-advanced products for paints and coatings, packaging adhesives, detergents, textile and construction materials,'' a Reliance statement said today. The new facility is expected to spur development of super absorbent polymers used primarily in the manufacture of baby diapers, the release added.

While the key objective would be to serve domestic market needs, the complex could also export acrylic acid and derivatives, the statement said.

UNI

BSE Sensex opens firm at 14,191.34 pts

Mumbai, Feb 22:  The BSE Sensex today resumed high at 14,191.34 points against 14,188.49 points on the previous day's close on fresh speculative demand from Foreign Institutional Investors(FIIs) and mutual funds. The market opened firm, tracking firm Asian markets and data showing greater buying by FIIs.Index heavyweights Reliance Industries and Bharti Airtel edged higher. Later, the Sensex was up 92 points to close at 14,280. It also hit a high of 14,287.03 during the mid-morning session. Reliance Industries (RIL) hiked 1.....
User Comments
[ Post Comments ]
Be the first to comment on this article.
Oneindia  Oneindia Login