31 March 2008 18:28 [Source: ICIS news]
The project envisaged paraxylene capacity of 610,000 tonnes/year and benzene capacity of 180,000 tonnes/year, the official said, adding it would also provide for capacity of 175,000 tonnes/year of motor spirit reformate.
IOC would decide on the start-up date for the project after securing environmental clearance from the government and investment approval from the company’s board of directors, the official said.
IOC was considering Mitsubishi Chemical Corporation (MCC) subsidiary MCC PTA India Corp Private Limited (MCPI) as a prospective customer for the PX from its proposed plant, an intermediate for purified terephthalic acid (PTA), it said
MCPI is expected to complete expansion of its PTA capacity in Haldia from 470,000 tonnes/year to 1.3m tonnes/year by June.
($1 = Rs39.8)
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