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Posted on Nov 09, 02:22PM | IBNS
Reliance Industries Limited (RIL) announced it has selected Foster Wheeler,a global engineering, procurement and construction contractor, as an engineering and procurement services contractor for its Paraxylene project.
This is part of the expansion project being executed at RIL's world-scale Jamnagar refining and petrochemical complex in Gujarat, on the West Coast of India.
Reliance Industries Limited (RIL) is India's largest private sector company on all major financial parameters with a turnover of INR 339,792 crore (USUSD 66.8 billion), cash profit of INR 31,994 crore (USUSD 6.3 billion) and net profit of INR 20,040 crore (USUSD 3.9 billion) as of March 31, 2012.