29 November 2011 06:55 [Source: ICIS news]
SINGAPORE (ICIS)--Indian Oil has tendered to sell 35,000 tonnes of naphtha for loading from Chennai on 18-20 December, traders said on Tuesday.
The tender closes on 30 November, with offers to stay valid until 1 December, they added.
Indian Oil is aiming for a 2015 start-up, although work has not begun on the project. The company plans to build derivative plants together with the cracker.
Indian Oil operates an 857,000 tonne/year naphtha cracker at Panipat and the plant is running at 65% capacity this month.
Please visit the complete ICIS plants and projects database
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