Mumbai:Reliance Industries Ltd (RIL) on Tuesday said it had commissioned a new polyester filament yarn facility at Silvassa in Dadra and Nagar Haveli.

With the commissioning of this plant, Reliance’s total capacity of this yarn, including its Malaysian facilities, is now over 1.5 million tonne per annum, the company said in a statement.

The entire production from this facility will be sold in both domestic and international markets.

RIL has an existing texturizing facility at Silvassa that reduces the packaging and logistics costs. It is the largest producer of polyester fibre and yarn in the world.Shares of RIL declined 0.46% to 948.50 apiece on BSE, while the benchmark S&P BSE Sensex retreated 0.64% to 22,484.93 points.

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