OREANDA-NEWS. Reliance Industries Limited is planning to shut down one of its four crude distillation units, for Maintenance & Inspection (M&I) activities from 20th March 2014 for about 3.5 weeks. As a normal practice, opportunity would be utilized to carry out necessary modifications to improve the reliability and performance of the unit.

This planned shutdown period will also be utilized for catalyst replacement of VGO and Naphtha hydrotreater. The rest of the Refinery will continue at normal levels of operations.

Reliance Industries Limited (RIL) is India's largest private sector company on all major financial parameters with a turnover of INR 371,119 crore (USD 68.4 billion), cash profit of INR 30,505 crore (USD 5.6 billion) and net profit of INR 21,003 crore (USD 3.9 billion) as of March 31, 2013.

RIL is the first private sector company from India to feature in Fortune's Global 500 list of 'World's Largest Corporations' and currently ranks 107th in terms of revenues and 128th in terms of profits in 2013. RIL ranks 68th in the Financial Times' FT Global 500 list of the world's largest companies. RIL is ranked amongst the '50 Most Innovative Companies - 2010' in the World in a survey conducted by the US financial publication - Business Week in collaboration with the Boston Consulting Group (BCG). In 2010, BCG also ranked RIL as the second highest 'Sustainable Value Creators' for creating the most shareholder value over the decade in the world.