India’s Essar plans new petrochemical complexes

03 June 2008 17:55  [Source: ICIS news]

NEW DELHI (ICIS news)--India’s Essar is to set up a propylene derivatives, an olefins and an aromatics complex in Vadinar, a government official said on Tuesday. 

 

Subsidiary Essar Gujarat Petrochemicals Limited (EGPL), which was building the plant, planned to have it completed and commissioned by April 2011, the official told ICIS news.

 

The propylene derivatives complex would have polypropylene (PP) capacity of 900,000 tonnes/year, cumene capacity of 265,000 tonnes/year, phenol capacity of 200,000 tonnes/year and acetone capacity of 120,000 tonnes/year, the official said.

 

INEOS would provide the technology for the two PP units, which would have a capacity of 450,000 tonnes/year and cost rupees (Rs) 21.9bn ($514m), he said.

 

The olefins units would include a facility for the production of monoethylene glycol (MEG) and ethylene oxides, he said but gave no capacity or financial details for this or the aromatics complex.

 

Through its subsidiaries, Essar is increasing capacity at one refinery at Vadinar to 16m tonnes/year from 10.5m tonnes/year and setting up a new refinery train with capacity of 18m tonnes/year to provide feedstocks for the petrochemical plants.

 

The refinery complex is slated for start up in 2010, the source said.

By: Naresh Minocha
+65 6780 4359

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