30 March 2009 14:01 [Source: ICIS news]
NEW DELHI (ICIS news)--India’s Himadri Chemicals & Industries Limited (HCIL) plans to commission a new carbon black plant and feedstock facility on 10 April, a company official said on Monday.
The $139m (€104m) integrated project at Mahistikry, West Bengal state, has suffered a delay in the start-up and is awaiting $35m funding by the World Bank’s private sector finance arm, International Finance Corporation.
The 50,000 tonne/year carbon black plant will use coal tar based oil (CTBO) as feedstock.
HCIL said it would receive CTBO from the company’s coal tar distillation (CDT) plant, which is being expanded to 250,000 tonnes/year from 169,000 tonnes/year at the site.
The CDT expansion was earlier planned for start-up in December 2008, followed by commissioning of carbon black plant by March 2009.
The project also includes a waste heat recovery-based 12 MW power plant. The use of waste heat would result in saving of fossil fuels, thereby making the plant eligible for the financial benefits under the clean development mechanism (CDM), the company said.
($1 = €0.75)
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections