RIL and HMEL Announce Updated Incentive Slabs for Polymer Buyers – May 2025

In a continuation of their performance-linked reward strategies, Reliance Industries Limited (RIL) and HPCL-Mittal Energy Limited (HMEL) have announced updated incentive slabs for May 2025. ? Updated RIL PP Incentive Scheme – May 2025 RIL has rolled out its latest performance slabs for Polypropylene (PP): Slab X: ₹2,000 per metric ton (PMT) Slab Y: ₹2,500 PMT Additional performance incentives include: ICP Grades: Extra ₹1,000 PMT RCP Grades: Extra ₹1,500 PMT ? HMEL – Reserve Incentive Scheme Update (1st–31st May 2025) HMEL has issued revised slabs across several product segments, replacing previously declared rates. The new structure is as follows: ? Polypropylene (PP) – Entire Month R1 (75% to <100% of target): ₹2,000 PMT R2 (100% to 125% of target): ₹2,500 PMT ? Polyethylene (PE) – 1st to 15th May R1: ₹500 PMT R2: ₹1,000 PMT ? Linear Low-Density Polyethylene (LLDPE) – 16th to 31st May R1: ₹2,000 PMT R2: ₹2,500 PMT ? High-Density Polyethylene (HDPE) – 16th to 31st May R1: ₹1,500 PMT R2: ₹2,000 PMT For detailed eligibility and booking guidelines, stakeholders are advised to consult their respective sales representatives.