Reliance Industries Ltd will export an additional 500,000 tonnes of naphtha in 2017-18 as it has switched to using ethane at its petrochemcial projects, a company executive said.
Reliance aims to import 1.3 million tonnes-1.4 million tonnes of ethane in 2017-18, said Vipul Shah, chief operating officer for petrochemicals, Reliance, told reporters.
Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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