{"id":452285,"date":"2021-11-27T10:55:52","date_gmt":"2021-11-27T05:25:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=452285"},"modified":"2021-11-27T12:16:49","modified_gmt":"2021-11-27T06:46:49","slug":"ril-likely-to-hive-off-oil-to-chemical-business-to-unlock-value-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-likely-to-hive-off-oil-to-chemical-business-to-unlock-value-report\/","title":{"rendered":"RIL likely to hive off oil-to-chemical business to unlock value: Report"},"content":{"rendered":"<p>A week after calling off the $15-billion deal with Saudi Aramco, Mukesh Ambani\u2019s Reliance Industries Limited (RIL) is looking to slice up its oils-to-chemicals division to get new investors easily and maximise value, according to a Mint report. <\/p>\n<p>Similarly, RIL announced on Thursday that it will transfer its Jamnagar syngas project to a subsidiary it owns fully with a view to unlocking value. Used for energy production, syngas is a combination of hydrogen, carbon monoxide and some carbon dioxide that is typically manufactured by gasifying a solid hydrocarbon fuel.<\/p>\n<p>\u201cRIL is looking at the elements of the O2C business in the light of its net carbon zero goals,\u201d a source told the publication.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A week after calling off the $15-billion deal with Saudi Aramco, Mukesh Ambani\u2019s Reliance Industries Limited (RIL) is looking to slice up its oils-to-chemicals division to get new investors easily and maximise value, according to a Mint report. Similarly, RIL announced on Thursday that it will transfer its Jamnagar syngas project to a subsidiary it owns fully with a view to unlocking value. Used for energy production, syngas is a combination of hydrogen, carbon monoxide and some carbon dioxide that is typically manufactured by gasifying a solid hydrocarbon fuel. \u201cRIL is looking at the elements of the O2C business in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-452285","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=452285"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452285\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=452285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=452285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=452285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}