Sace intervened, with a guarantee worth 400 million dollars, in support of the supply contracts awarded to various Italian SMEs by the Indian petrochemical giant Reliance Industries, which currently contributes 13,4% of total Indian exports.
The contracts awarded are part of a development plan, worth a total of more than $11 billion, aimed at expanding and enhancing the production capacity of Reliance Industries' petrochemical plants.
Sace's CEO, Alessandro Castellano, underlined how Sace's guarantee represents “a catalyst for growth and an important lever for the competitiveness of Italian exporters, together with the quality and price of the products”.
The text of the press release is available in the attachment.
Attachments: Sace_Reliance Industries.pdf
