CMAI Outlines Reliance Industries' Strategic Chemical Business Position

HOUSTON, Jan. 5, 2011 /PRNewswire/ -- Chemical Market Associates, Inc. (CMAI): CMAI's Chemical Company Analysis (CCA) on Reliance Industries, the second company report of the 2010 Edition, is now available.  The report features comprehensive overviews of the chemical businesses of Reliance Industries, including strategic direction and corporate structure; global chemical operations, and business positions of Reliance Industries and its competitors within major product markets; manufacturing site flowcharts and descriptions; as well as vertical product integration and market exposure.  

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The report aims at providing clients with a thorough understanding of not only the present situation, but also the impact of future developments by assessing Reliance Industries' opportunities and risks within the framework of CMAI's outlook for the global petrochemical industry.  Rapidly changing industry structure and dynamics will necessitate company-specific responses that will determine the success of chemical producers in the future.

Reliance Industries Limited (RIL) remains by far the largest private corporation in India, presenting 5.6 percent of indirect government tax revenues and 14.5 percent of India's total exports. RIL is a Fortune Global 500 company, ranking in at the 175th position. Revenues reported at close to U.S. $45 billion for the financial year 2009/10 (April to March) will likely increase to well over U.S. $50 billion in 2010/11. With globally competitive capital and operating cost positions, Reliance Industries dominates the rapidly growing Indian market and enjoys a large presence in the international market for petrochemicals and refining products.

The Group's activities range from oil and gas exploration and production, refining and marketing, petrochemicals, fibers & textiles, retail stores, Special Economic Zones (SEZ) and more recently also solar power and broadband services. Reliance, for many of its core petrochemicals businesses, ranks among the top ten chemical producers worldwide.  The company's rapidly expanding polypropylene production, based mainly on refinery propylene, is one of the most attractive products in its portfolio.  The company occupies a similarly advantaged position in the polyester fibers chain, although global oversupply currently weighs on the market and makes it structurally less attractive. Domestically, however, Reliance can take advantage of rapidly rising living standards and a vast consumer base.

The Chemical Company Analysis (CCA) is a multi-client service aimed at analyzing the structure, dynamics, competition and strategic issues of global and regional chemical industry participants.  The 2010 Edition includes company reports on Bayer MaterialScience, Reliance Industries, BASF SE, and Dow Chemical.

CMAI is a petrochemical, plastics and fibers consulting firm that services a wide range of companies all over the world. Since 1979, CMAI's goal has been to provide accurate, timely consulting services for the worldwide industries that it covers.  CMAI maintains offices in Houston, New York, London, Dubai, Dusseldorf, Singapore and Shanghai.  Clients to CMAI services include chemical and oil companies, engineering & construction companies, banking and financial institutions, plastic converters, grocers/retailers, government agencies and trading companies.

For additional information on this analysis, visit CMAI's website at www.cmaiglobal.com or contact:

SOURCE Chemical Market Associates, Inc.