RIL, Adnoc tieup in chemicals

The Abu Dhabi National Oil Company (Adnoc) has teamed up with Reliance Industries (RIL) to explore the development of an ethylene dichloride facility at Ruwais, Abu Dhabi — as the West Asian oil giant gives a strong signal of its growing interest in India that has already led to separate tieups with the Adanis and with the combine of Indian Oil, HPCL and BPCL.

Adnoc and Reliance entered into a framework agreement under which they will evaluate the possibility of Reliance making ethylene dichloride, using ethylene from Adnoc, at a facility adjacent to Adnoc’s giant integrated refining and petrochemical site at Ruwais. The ethylene will be exported to India to make vinyls, among other raw materials.