India's Reliance Industries Limited or RIL will make its first term paraxylene export to China from the second phase of its new 2.2 million mt/year plant at Jamnagar at end April, industry sources said Wednesday.
Of the 35,000 mt of PX due to load from Sikka in Gujarat on the MT Bunga Angelica, 15,000 mt will be discharged at Dalian in China under term contracts, sources said.
The rest will form part of Reliance's regular shipments to the region.
The volume en route to China is output from the second phase of Reliance's aromatics plant, which a source close to the company said had been ramping up since early April and was operating at a "fairly high rate now."
The first phase of the plant was commissioned last December.
In addition, 10,000 mt of benzene output from the plant was heard to have been sold on a spot basis for May loading, industry sources said, although further details could not be verified.
The No.2 Reliance plant at Jamnagar has a nameplate production capacity of 2.2 million mt/year of PX and 500,000 mt/year of benzene.
It more than doubles RIL's PX production capacity to 4.2 million mt/year, making it the world's second-largest PX producer with 9% of global PX capacity and 11% share of global production, the company said in a statement announcing the commissioning the first phase of the plant last December.
