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Reliance Industry shut FCCU unit at Jamnagar refinery, exports may be delayed

June 18/2021

MOSCOW (MRC) --  India's private refiner Reliance Industry said a secondary unit at its export-focused refinery in the western state of Gujarat has been shut since June 6, which may delay the shipment of some product cargoes, said Reuters.

The refinery, which has the capacity to process 704,000-bpd, is part of the world's biggest refining complex in the city of Jamnagar in Gujarat state.

Reliance did not give a reason for the "emergency shutdown" of the refinery's fluidized catalytic cracking unit (FCCU). "The FCCU unit is being repaired on top priority and is expected to be restarted expeditiously," the company said in a stock exchange filing. "Consequently, some product shipments may get delayed and we are working to minimize the impact on our customers," it said.

A source familiar with the matter said that the unit will be fixed in a week's time. The refining complex in Jamnagar has two refineries. The plant is adjacent to the 330,000 bpd refinery that mostly sells products in the local market.

As per MRC, Reliance Industries Ltd (RIL), the Indian energy and petrochemical giant and the largest polyvinyl chloride (PVC) producer in the country, decreased its PVC offerings in the Indian market late last week amid declining demand for the material.

According to the ICIS-MRC Price Report, PVC prices in Russia broke another historic record in May, but this factor did not affect demand. The key issue was whether the seller had enough resin. Some companies began to work out options for providing themselves with raw materials for July, a period of stoppages for repairs of two manufacturers.

Reliance Industries Limited is an Indian petrochemical company, the largest holding in the country. The company is engaged in a wide range of activities, from oil and gas production to the production of polyester and polymer products, including the production of polyethylene, polypropylene and polyvinyl chloride.


mrcplast.com
Author:Anna Larionova
Tags:PVC, SPVC, Reliance Industries, India, Russia.
Category:General News
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