Essar inches ahead

Essar’s petrochemical plans are slowly taking shape with the company having identified technologies for its cracker and polyolefin units at Jamnagar, Gujarat.

ICIS news reported last week that the cracker would be set up in technical collaboration with Lummus And earlier this month, the company was reported to have selected technology from Ineos for its 400,000 tonnes/year hdPE and 400,000 tonnes/year swing lldPE/hdPE plants.

The company would also be using Ineos technology for a 900,000 tonnes/year PP plant downstream of an FCC unit at its Jamnagar refinery.

While the company is looking at completing the cracker and derivative units by 2012, progress will to a large extent depend on how fast Essar can complete expansion of its refinery from 10.5m tonnes/year to 34m tonnes/year. Financial closure of the expansion project is pending but the company is still holding to a 2010 completion date.

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