11 January 2012 09:46 [Source: ICIS news]
Correction: In the ICIS story headlined "GAIL India’s PE, PP production to reach 1.7m tonnes/year by 2015" dated 11 January 2012, please read in the fourth paragraph... Brahmaputra Cracker & Polymer Ltd (BCPL)... instead of... Bharat Petroleum Corp Ltd (BPCL).... A corrected story follows.
NEW DELHI (ICIS)--GAIL India’s polyethylene (PE) and polypropylene (PP) production will reach 1.7m tonnes/year by 2015, nearly four times its existing capacity, as new capacities will be added in three locations, a company source said on Wednesday.
A new 450,000 tonne/year HDPE/LLDPE swing facility at the same site will be built by December 2013 and commercial production is expected to start in February 2014, he added.
Brahmaputra Cracker & Polymer Ltd (BCPL), which is 70% owned by GAIL India, will commercialise production at its 220,000 tonne/year HDPE/LLDPE swing plant and 60,000 tonne/year PP plant at Assam within the same time frame, the source said.
The remaining 30% stake in BCPL is split among Numaligarh Refinery Ltd (NRL), Oil India Ltd (OIL) and the ?xml:namespace>
GAIL India will market 530,000 tonnes/year of the total PE and PP produced by ONGC Petro additions Ltd (OPaL), which is expected to commission its PE and PP facilities at Dahej in
“Given our large capacity in due time, we have to source out new customers, such as exporting to regions like Africa, neighbouring countries like
Additional reporting by Chow Bee Lin and Malini Hariharan
For more information on PE and other chemicals, visit ICIS chemical intelligence
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