1993
Reliance Industries Ltd – Jamnagar Complex
Prepared by John Stevens Contents
Introduction 4
Current Manufacturing Position 5
Global Crude Oil Production 5
Global Oil Consumption 5
Global Oil Refineries Capacity 5
Key problems/opportunities currently facing the Oil Refinery Industry 6
A limited supply of the natural resource crude oil 6
Problem 6
Opportunity 6
Decline in Oil refinery numbers & a significant decrease in new refineries being built 6
Problem 6
Opportunity 6
Demand is forecasted to drastically increase globally 7
Problem 7
Opportunity 7
Threats of new replacement energies constantly emerging 7
Problems 7
Opportunities 7
Concern over decreasing Profit Margins within the industry 8
Problem 8
Opportunity 8
Environmental Issues are playing a stronger part in shaping the Industry 8
Problem 8
Opportunity 8
A shift in product demand and new quality standards being set for new and existing products 9
Problem 9
Opportunity 9
Recommended course of action and a timeline for the implementation of the solutions proposed 10
Conclusion 11
Appendices 12
Graph 1.1 12
Graph 2.1 12
Graph 2.2 13
Graph 2.3 13
Graph 3.1 14
Graph 3.2 14
Graph 4.1 15
References 16 Introduction
This strategic paper is offered as an opportunity for Reliance Industries to move forward into a new “chapter” for this illustrious and prestigious company. A chapter that if successful, as planned, will ensure that not only Reliance Industries position as India’s premier company will be enhanced, but also thrust the company onto the Global stage as a major player worldwide.
The oil refinery business is at the crossroads. New factors that have not been an issue in the past are drastically affecting the field of play. These factors are as follows; a limited supply of the natural resource crude oil, declining oil refinery numbers and a significant decrease in new refineries being built, demand is forecasted to