Reliance Industries Ltd plans to start its new 2.2 million mt/year paraxylene plant at Jamnagar in October, a source close to the company said late Wednesday, confirming that the project was on schedule as announced earlier this year.
RIL has been buying PX for its new PTA plants at Dahej, which have a combined capacity of 2.24 million mt/year, but with the new PX plant starting up, the company is likely to turn into an exporter.
It is expected to ship out up to 1 million mt/year of PX, Platts reported previously.
Both the new PTA plants at Dahej started producing in 2015.