Reliance Industries to shut FCC unit for maintenance purpose

On Tuesday, the shares of the company closed at Rs 1079.30 per piece, up 1.81%, or Rs 19.15 on BSE. Photo: Official Website

Reliance Industries on Tuesday informed the stock exchanges that its DTA unit of Jamnagar Refinery is planning to shut down the Fluidized Catalytic Cracking Unit (FCCU).

The unit will be closed on the back of routine maintenance and inspection activities from the second week of November 2016 for about five weeks, the company said in a regulatory filing.

The shutdown will provide an opportunity to carry out a revamp job in one of the Polypropylene units. However, all the four crude distillation units along with other major secondary processing units will operate at normal throughput, the company said.

On Tuesday, the shares of the company closed at Rs 1079.30 per piece, up 1.81%, or Rs 19.15 on BSE. The shares hit a high at Rs 1082 and low at Rs 1062.80 during intraday.