Tag Archives | jamnagar

Double trouble

It’s a double whammy for Reliance Industries. Not only have petrochemical margins dwindled but gross refining margins (GRM) have also fallen sharply in the last two months. One report suggests that the company recorded negative refining margins in October and November and that the GRM for the quarter ending December 2008 would be considerably lower […]

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Reliance pumps oil

It is finally here. After years of waiting and rumours of delays Reliance Industries has finally started pumping oil from its massive KG-D6 block of the Krishna Godavari basin. Initially about 5,000 bbls/day of crude is being pumped out although the plan is to reach 550,000 bbls/day over the next six to eight quarters. While […]

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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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Awash with paraxylene

There is one more paraxylene (PX) plant being planned in India and it is Indian Oil Corp (IOC) again. IOC is said to be studying a plant next to its refinery in Vadodara, Gujarat and has received preliminary approval from its board. There are no details yet on capacity and timing of the project. IOC […]

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IOC invited to Nayachar

I have found the answer to my question in last week’s posting on the proposed chemical hub at Nayachar, West Bengal. I had wondered which public sector company would be targeted by the West Bengal government for investment at Nayachar. According to The Telegraph, Indian Oil Corp (IOC) has been invited to set up shop. […]

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Jumbo Jamnagar

News about the configuration of Reliance Industries’ cracker at Jamnagar is finally trickling in. The plan is to use the offgases from the refineries as feedstock to produce 1.5m tonnes/year ethylene, reports ICIS news. This would make it the world’s largest ethylene unit, which is not really a surprise given Reliance’s fondness for all things […]

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