Reliance Industries European unit Trevira files application for insolvency
Reliance Industries Ltd (RIL), India's largest petrochemicals company, said its European unit Trevira GmbH has filed an application for insolvency proceedings with a restructuring plan with the Augsburg Court in Bavaria, Germany.

In a release to the Bombay Stock Exchange, RIL said Trevira, one of the largest polyster fibres manufacturer in Europe, was under pressure due to industrial...

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