Entries from India Chemicals Blog tagged with 'PCPIR'

Empty promises

The 100-day fever is fast spreading and the Ministry of Chemicals & Fertilisers is the latest casualty. A very bland press release outlining what the ministry plans to achieve over the next three months has come my way. I started...

Will a new broom sweep clean?

It is good to be back to some good news. The election is finally over and the UPA has been voted back to power with promises of stability and more reforms. But the chemicals industry will have to deal with...

Getting off the starting block

So the government has finally approved three Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs). Now comes the difficult part. Who is going to undertake mega investments at a time at a time when the global economic outlook is uncertain, demand...

Singur saga spells trouble for India investments

I have yet to meet anyone who has not expressed disappointment at the drama unfolding outside Tata Motor's Nano plant site in Singur at West Bengal. They also concur that the episode will have serious implications for large investments...

Two steps forward, one step back

It is difficult to imagine this happening in any other country except India. After lobbying hard with the central government to secure the right to develop a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Mangalore, the Karnataka government is...

NIMBY gains ground

An interesting comment has been posted on the proposed SEZ and PCPIR in Mangalore. Ramesh argues against any chemical investment in Mangalore as it is an ecologically sensitive area. He also refers to a recent article in The Hindu which...

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....

Chemical hubs: A distant dream?

I have always been a little sceptical about the Indian government’s plans to build mega chemical hubs across the country. And recent reports have only reinforced some of my doubts. Not only will the scale of these projects be challenging...

Kakinada revisited

A few months back I had referred to an article in the Indian press which raised doubts on the economic viability of ONGC’s refinery and petrochemicals project at Kakinada, Andhra Pradesh. A few readers have posted comments arguing that the...

PO surplus set to continue

Despite India’s stellar economic performance there are signs that the country’s polyolefin surplus will not disappear very soon. In a presentation at last week’s Asian Chemical and Petrochemical Conference, Raj Datta of Haldia Petrochemicals Ltd drew out three scenarios. In...

Preparing for the future

I am back from the first Asian Chemical and Petrochemical Conference with lots of information on the Indian chemicals industry that I plan to share in the coming days. The conference, jointly organised by ICIS and the Indian Chemical Council...

Kakinada project in doubt

Will ONGC abide by the findings of a pre-feasibility study which questions the commercial viability of its refinery project at Kakinada in Andhra Pradesh? The project comprises a 15m tonnes/year refinery and a 400,000 tonnes/year polypropylene (PP) facility. The study...