Reliance Industries Limited (RIL) Signed Storage and Capacity Deal with N American Terminal
CHEMMONITOR.COM – India-based company Reliance Industries Limited (RIL) is going to import US ethane (1.5 million tonnes annually) as a feedstock for its cracker facilities in order to achieve feedstock competitiveness. RIL signed a storage and capacity agreement with a North America terminal for liquefaction and export of ethane. This terminal is expected to start activities in mid-2016. Meanwhile, the deliveries are scheduled for late 2016.