Essar to set up naphtha cracker with Lummus tech

20 August 2008 21:32  [Source: ICIS news]

NEW DELHI (ICIS news)--India’s Essar Gujarat Petrochemicals Limited (EGPL) Oil Limited (EOL) plans to set up a naphtha cracker in technical collaboration with US-based Lummus Technologies, a government official said on Wednesday.

The Indian Rupees (Rs)126.73bn ($2.9bn) cracker would form part olefins complex of multi-segment petrochemical project to be commissioned by April 2012 at Vadinar in Jamnagar district of Gujarat State.

The cracker would have capacity to produce 1.3m tonnes/year of ethylene and 514,000 tonnes/year of propylene. It would also have pyrolysis gasoline hydrogenation unit and C4 hydrogenation plant.

The official said that EGPL had proposed to pay Lummus $16.58m plus €90,000 ($133,000) in fees.

The petrochemical complex would draw feedstock from twin refineries of Essar group at the site.

($1 = Rs43.74, $1 = €0.68))

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Author: Naresh Minocha
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