Reliance Industries
Reliance Industries Limited (RIL) is an Indian conglomerate company
headquartered in Mumbai, Maharashtra, India. The company
operates through three business segments: petrochemicals, refining, and oil and
gas, other segment of the company includes textile, retail business, special
economic zone (SEZ) development and telecom/broadband business. RIL is one of the
largest publicly traded company in India by market capitalisation and is the
second largest company in India by revenue behind Indian Oil. It is also India's largest private sector company by
revenue and profit. The company is ranked 99th on Fortune Global 500 list of the world's biggest corporations for the year 2012.Though the company's petrochemicals, refining, and oil and
gas-related operations form the core of its business, other segments of the
company include textiles, retail business, telecommunications, and special
economic zone (SEZ) development. Reliance Retail has entered
into the fresh foods market as Reliance Fresh.Reliance Industrial Infrastructure Limited (RIIL)was incorporated in September 1988 as Chembur Patalganga
Pipelines Limited, with the main objective being to build and operate
cross-country pipelines for transporting petroleum products. The company's name
was subsequently changed to CPPL Limited in September 1992, and thereafter to
its present name, Reliance Industrial Infrastructure Limited, in March 1994. It
has been promoted by Mr. Satyapal Jain and his associates. The company set up a
200-millimetre diameter twin pipeline system that connects the Bharat Petroleum
refinery at Mahul, Maharashtra, to Reliance's petrochemical complex at
Patalaganga, Maharashtra. The pipeline carries petroleum products including
naphtha and kerosene. It has commissioned facilities like the supervisory
control and data acquisition system and the cathodic protection system, a
jackwell at River Tapi, and a raw water pipeline system at Hazira. The
infrastructure company constructed a 70,000 kilolitre petrochemical product
storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT)
Area in Maharashtra. RIIL is mainly engaged in the business of setting up and
operating industrial infrastructure. The company is also engaged in related
activities involving leasing and providing services connected with computer
software and data processing.Reliance Industry is the world's largest polyester producer and as a
result one of the largest producers of polyester waste in the world. In order
to deal with this large amount of waste, they had to create a way to recycle
the waste. They operate the largest polyester recycling centre that uses the
polyester waste as a filling and stuffing. They developed an innovative
recycling process resulting in an award in 'Team Excellence'.Reliance owns the world's largest refinery in Jamnagar which
is a "zero discharge" refinery. Effluent treatment plants based on
the best available technology processes the waste released and convert waste in
to usable product. Reliance has also planted more than 5 million trees around
this refinery in order to reduce the carbon foot print.
Net income $ 4.116 billion (2012)
Total assets $ 64.230 billion (2012)
