20 April 2010 11:40 [Source: ICIS news]
SINGAPORE (ICIS news)--Indian petrochemical major Reliance Industries has revived its Jamnagar cracker and derivatives project and hopes to complete it in 2014, a source close to the company said on Tuesday.
“The project is progressing; discussions are taking place for selection of technologies. A firm start up date will be set once contracts are awarded,” said the source.
While the principal feedstock for the cracker would be offgases from the company’s two worldscale refineries at ?xml:namespace>
The cracker project was announced in 2007 but was put on hold after the 2008 global economic crisis.
ICIS news had earlier reported that the company was looking at 1.1m tonnes/year of PE and 720,000 tonnes/year of MEG.
ICIS news had reported earlier that the new PTA plant would have a capacity of 700,000-1m tonnes/year while the polyester plant would be of 700,000 tonnes/year.
The source was unable to provide the start up schedule for these projects.
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