Reliance Industries chairman Mukesh Ambani has announced to build of India’s first and one of the world’s largest Carbon Fibre plants at Hazira, Gujarat. The plants will have a capacity of 20,000 MTPA based on Acrylonitrile feedstock. Overall, in the Oil to Chemical segment (O2C), Ambani Ambani announced an investment of Rs 75,000 crore over the next five years to expand capacities in existing and new value chains. These value chains are – Polyester value chain, Vinyl chain, and New Materials. The first phase of the plant will be completed in 2025.
Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks
The company will further integrate its composites business with Carbon Fibre to produce Carbon Fibre composites. Apart from other applications, Carbon Fibre composites are also used to meet the rapidly growing light-weight requirements of Mobility and Renewable Energy. Thus, Carbon Fibre promises to be a multi-decade growth engine for O2C, Ambani highlighted. Reliance has commenced its journey to becoming net carbon zero by 2035 with a set of concrete actions.
Important takeaways for all competitive exams:
An important regulatory reform, the Securities and Exchange Board of India (SEBI) has allowed zero-coupon…
The Odisha government will host the Regional AI Impact Conference from December 19 to 20.…
Bihar, a state in eastern India, is known for its many rivers that flow across…
Uttar Pradesh is a state in northern India known for its rich history, cultural diversity…
Parliament has cleared the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI)…
Brazil officially transferred the BRICS presidency to India on December 12, 2025, during the concluding…