IndianOil eyes PP project on India’s east coast in 2016
18 March 2013 14:10 [Source: ICIS news]
GURGAON, India (ICIS)--IndianOil hopes to commission a 680,000 tonnes/year polypropylene (PP) project at Paradip, on the east coast of India, in 2016, a senior company executive said on Monday.
"The project will shortly go for board approval; if we get the approval in the next two to three months then we can start up in 2016," said Sidhartha Mitra, executive director for petrochemicals at IndianOil, at the sidelines of the Petrochemical Conclave organised by the company.
The PP project will be downstream of IndianOil's new 15m tonnes/year refinery at Paradip, which is scheduled to start up in phases from September and expected to be fully operational in March 2014, said Mitra.
Additional reporting by Prema Viswanathan.By: Malini Hariharan+65 6780 4359
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