Reliance Industries to spin off Oil-to-Chemicals business into separate arm with USD 25 bn loan
Reliance Industries to spin off Oil-to-Chemicals business into separ…
Feb 23, 2021
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Reliance navigated through the headwinds to deliver industry-leading performance. The O2C business achieved revenues of ₹5,64,749 crore ($67.9 billion) and an EBITDA of ₹62,393 crore ($7.5 billion) last year. #RILAGM #WeCare #RelianceForAll | Reliance Industries Limited
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Learner on Instagram: "At the Reliance AGM, Anant Ambani made a powerful debut—calling the Oil to Chemicals (O2C) business not just a legacy, but the backbone of Reliance’s transformation. Here’s why it matters: Reliance O2C contributes ₹5.56 lakh crore in revenues and remains the largest driver of EBITDA for the group. It is positioned as the core of Reliance’s integrated energy business, seamlessly linking traditional fuels with new clean energy solutions. What once powered India’s industrial
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