Tag Archives | cracker

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 […]

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Ready for rubber

Indian Oil Corp (IOC) recent financial woes do not appear to have dampened its interest in petrochemicals. After pushing back plans for a paraxylene (PX), polypropylene (PP) and styrene plants downstream of a proposed refinery at Paradip, it is interesting to read that the company intends to soon start a detailed feasibility study on a […]

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Paradip update

I had written about a delay in Indian Oil Corp’s (IOC) paraxylene (PX), polypropylene (PP) and styrene projects at Paradip because of rising costs and financial constraints. But a company source tells me that a final decision on the timing of these projects and the refinery will be decided by the end of this month. […]

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Paradip petchems postponed

After years of planning and crossing many hurdles IOC has now decided to defer the petrochemical portion of its Paradip project. The decision comes at a time when the company is struggling to cope with huge losses on account of record high crude oil prices and the government’s reluctance to raise retail fuel prices. IOC […]

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Another one bites the dust?

Yet another project appears to be fallen through. This time it is Chennai Petroleum Corp’s (CPCL) refining and petrochemicals venture at Ennore in Tamil Nadu. Indian Oil Corp’s (IOC) chairman Sarthuk Behuria said in a press conference yesterday that the project may never come up as the country already had surplus refining capacity. CPCL is […]

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ONGC delays Dahej

This is probably an indication of how difficult it is for Indian public sector companies to put together a petrochemical project. ONGC has announced yet another delay to its cracker complex at Dahej, Gujarat, from mid-2010 to February 2012. The project, which has been in the pipeline for many years, appeared to have gathered speed […]

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Cracker conundrum

Chennai Petroleum announced last week plans for a refinery and petrochemical complex at Ennore, Tamil Nadu. ICIS news reports that the petrochemical part of the project includes a 1.2m tonne/year cracker and derivatives units. A pre-feasibility study is underway and expected to be completed next month. The company hopes to complete the cracker by 2014-15. […]

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Cracker conundrum

Chennai Petroleum announced last week plans for a refinery and petrochemical complex at Ennore, Tamil Nadu. ICIS news reports that the petrochemical part of the project includes a 1.2m tonne/year cracker and derivatives units. A pre-feasibility study is underway and expected to be completed next month. The company hopes to complete the cracker by 2014-15. […]

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Assam blunder?

Today’s Assam Tribune reports that the Indian prime minister will lay the foundation stone for Gail’s Assam cracker project on 9 April. This is a project that has never made sense but it looks like politicians are determined to see it completed. For those who have forgotten, the project was first proposed in 1985. The […]

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Haldi Petro ownership fight escalates

It is a story with enough twists and turns to put a Bollywood film to shame. Haldia Petrochemicals’ creditors have now filed a case in the Calcutta High Court protesting against an order passed by the Company Law Board (CLB) for transfer of the West Bengal government’s stake to The Chatterjee Group.

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