MUMBAI, INDIA: Reliance Industries Ltd (RIL) has entered into a license agreement with Germany’s Resysta International GmbH (Resysta) which gives RIL exclusive rights for production and marketing of RelWood, a natural fibre polymer composite (NFPC), in India.
This compound will be the raw material for the production of sheets & various profiles used in a wide range of wood & plywood replacement applications.
The material is a key innovation that was needed to address the crisis of shrinking rainforests, as well as the inferior quality of wood composite products that were used before. This is based on a unique technology which allows the dispersion of natural fibre within the polymer matrix.
“Through this partnership, we are looking forward to producing the RelWood compound exclusively in order to meet the fast-growing demand for a real alternative to tropical wood. Together we will offer Indian consumers cutting edge technological product as an alternative to natural wood,” said Vipul Shah, COO Petchem, RIL.
“By manufacturing the Resysta Compound locally, the products become even more environment friendly and easily available. As a leading petrochemicals manufacturer in India, RIL is ideally poised to manufacture on a par with our high worldwide standard. We look forward to continuing Resysta’s success story in India in partnership with RIL,” added Bernd Duna, CEO of Resysta International.
© Worldofchemicals News
Read More: Reliance, Resysta partner to bring wood alternative in India
No comments:
Post a Comment