RIL lines up petrochemical play with Adnoc in UAE - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RIL lines up petrochemical play with Adnoc in UAE

Mukesh Ambani flagship RIL will be investing $1.2-1.5 billion in a factory to produce ethylene dichloride (EDC), located next to Adnoc’s integrated refining and petrochemicals site in Ruwais — the biggest such complex in the Middle East. Adnoc is expected to make a similar investment.

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