Reliance refinery unit is in fire!!
This is a discussion on Reliance refinery unit is in fire!! within the Business News forums, part of the Business Chat category; Reliance is India's most valuable firm by market capitalisation at $36.73 billion is in fire according to the ...
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10-25-2006, 02:30 AM
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Reliance refinery unit is in fire!!
Reliance is India's most valuable firm by market capitalisation at $36.73 billion is in fire according to the news the information is A fire broke out at a secondary hydrotreater at Reliance Industries Ltd.'s 660,000 barrel per day Jamnagar refinery yesterday. Luck is that this was limited to only this Unit. It has not touched other Units
Last edited by ankur : 10-25-2006 at 04:34 AM. 
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10-25-2006, 02:35 AM
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Re: Reliance refinery unit is in fire!!
That was a terrible accident avertred, i would say. Had the fire caught up with the main unit the entire refinery would have to be shut down. And the kind of production loss that would have occurred would send the investors in a jittery. Thanks god that the fire was contained.
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10-25-2006, 03:36 AM
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Re: Reliance refinery unit is in fire!!
its a huge company, im sure the experts there managing would be cautious about every activity happening, they would surely ensure to prevent losses & accidents best possible way
oil ministry is expecting a shortfall of 120,000 tonnes of cooking gas in India , due to this fire
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10-27-2006, 01:18 AM
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Re: Reliance refinery unit is in fire!!
the thing which worries me most is the conditions of the share holders.... want will happen to them... share prices will drop for sure... poor guys.. anyways hopin for a good recovery..
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