Reliance to enhance fire retardant and sustainable properties of Recron® FS using Nofia® Technology

Demand for safer, eco-friendly textiles accelerates as the industry urges sustainability and environmental responsibility post-Covid Reliance Industries Ltd. (RIL), the world’s largest producer of polyester staple fibers and filament yarns, will use FRX Innovations’ Nofia®, technology to enhance sustainable edge of its well established Recron FS, fire-resistant polyester. Nofia’s unique polymeric phosphorus-based chemistry helps make […]


Reliance acquires Shubhalakshmi Polyesters

Reliance Petroleum Retail Limited (under name change to Reliance Polyester Limited), a wholly-owned subsidiary of the company, recently executed definitive documents to acquire the polyester business of Shubhalakshmi Polyesters Limited (SPL) and Shubhlaxmi Polytex Limited (SPT) for cash consideration of Rs 1,522 crore and Rs 70 crore respectively, aggregating to Rs 1,592 crore by way […]