India’s IOC eyes naphtha cracker start-up in March

01 February 2010 10:35  [Source: ICIS news]

SINGAPORE (ICIS news)--Indian Oil Corp (IOC) plans to start up its 857,000 tonne/year naphtha cracker at Panipat in Haryana state in March, a company source said on Monday.

“The cracker is expected to start up around the middle to end of March,” the source said, without providing specific dates.

The start-up of the new facility was unlikely to have an effect on the olefins markets as the ethylene and propylene produced would be fed to derivative units.

IOC was expected to start up its downstream polymer plants in March and a 325,000 tonne/year monoethylene glycol (MEG) facility in April, the source added.

The polymer plants include a polypropylene (PP) unit as well as a high density polyethylene (HDPE) plant and a swing HDPE/linear low density PE (LLDPE) facility that can produce 600,000 tonnes/year of PP and 650,000 tonnes/year of PE.

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By: Peh Soo Hwee
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