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RELIANCE INDUSTRIES Ltd. (RIL) has set up a new subsidiary, Reliance Petroleum Ltd. (RPL), to implement a refinery and polypropylene (PP) project in India.
RIL, India's largest petrochemical producer, said an export-oriented refinery and PP complex would be built at a cost of $6 billion in a special economic zone at Jamnagar, Gujarat, adjacent to its existing refinery...