Reliance and DuPont Polyester Technologies sign agreement for R & D strategic alliance

20-May-2003

Reliance Industries Ltd. (RIL) and DuPont polyester Technologies (DPT) today announced they have entered into a strategic R&D alliance to jointly develop advanced polyester process and product technologies in India. The alliance will focus on developing innovative technologies for PET resin, polyester filament, and polyester staple fiber. As a global player, Reliance is already engaged in polyester R&D. Reliance is now building a new "state-of-the-art" Research and Technology Center (RTC) at Patalganga, near Mumbai. This world-class facility will incorporate the latest polyester research equipment as well as pilot lines for high speed POY, FDY, PSF and bicomponent spinning and several unique polymerization pilot plants including one featuring the revolutionary new NG-3 PET resin technology by DuPont. Downstream pilot facilities will include plants to simulate customers' operations in bottle processing, yarn texturing, weaving and poly-cotton spinning. DPT is the technology development and licensing arm of DuPont Textiles & Interiors (DTI). The strategic alliance will not only enable Reliance and DTI to explore jointly new areas of research opportunity, but also pursue many promising projects already in the DTI and Reliance research pipelines. The alliance will benefit polyester consumers worldwide by accelerating the delivery of new polyester products and processes to the world marketplace in a very cost-effective manner, by employing both pilot scale and commercial scale manufacturing facilities at Patalganga and other Reliance polyester manufacturing sites. The intellectual property from joint developments under the alliance will be available, on a royalty free basis, to both Reliance and DTI. This will bring a new dimension to DTI's worldwide polyester licensing activities and simultaneously assure that Reliance can rapidly bring a sustained stream of high quality, innovative new products to their customers. Within the past year, Reliance and DTI have entered into several important alliances. Reliance is at present producing polyester filling products to supply DTI's global markets, and is also the exclusive agent to develop the market and distribute DuPont(TM) Lycra(R) stretch fibers within India. Later this year, Reliance will commission the world's first commercial PET resin plant using DTI's NG-3 process. This will expand the existing Relpet(R) polyester (PET) packaging resin capacity of 80,000 tones per year to 300,000 tones per year.

https://www.chemeurope.com/en/news/23614/reliance-and-dupont-polyester-technologies-sign-agreement-for-r-d-strategic-alliance.html