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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...
    Posted to ICIS Blogs (Weblog) by Anonymous on 08-01-2008

  • 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...
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-13-2008

  • 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...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-29-2008

  • Projects and protests

    I am back from my holiday and have discovered no earthshaking developments in the last few weeks. But the following news articles caught my eye. First, Dow Chemical’s European arm and GACL have agreed on a 50:50 joint venture to produce 200,000 tonnes/year of chloromethanes at Dahej, on the west coast...
    Posted to ICIS Blogs (Weblog) by Anonymous on 04-23-2008

  • Trouble at Paradip

    I was under the impression that there are no major hurdles to Indian Oil Corp’s (IOC) refinery and petrochemical project at Paradip. But I came across this news yesterday that the viability of the project is in question following the government’s decision to withdraw a tax holiday from 1 April 2009....
    Posted to ICIS Blogs (Weblog) by Anonymous on 04-01-2008
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