India’s MRPL to commission PP project in April 2014

24 December 2013 06:15 Source:ICIS News

KOLKATA (ICIS)--India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) will commission its $194m (€142m) polypropylene (PP) plant in April 2014, an official in ministry of petroleum and natural gas said on Tuesday.

The company meanwhile is considering an expansion of the 440,000 tonne/year PP plant in Mangalore, in line with the expansion of the refinery plans for which have already been firmed up, the official said.

The PP plant will start commercial run in April next year at 60% capacity and scaled up to 100% within three months following which configuration plans for its expansion would be drawn up, the official added.

An expansion of the PP plant would be necessary to maximise downstream value addition to the expanded refining capacity, he said.

The Indian government had already approved MRPL’s plans to increase refinery capacity from 15m tonnes/year at present to 18m tonnes/year in the first phase to be completed by 2018 and further to 21m tonnes/year by 2021, entailing a total investment of $1.37bn, the official said.

At the same time, ONGC Mangalore Petrochemical Ltd (OMPL), a joint venture between Oil and Natural Gas Corp (ONGC) and MRPL, will commission its 900,000 tonne/year paraxylene (PX) and 300,000 tonne/year benzene plants in March 2014, the official said.

ONGC, the principal investor in both MRPL and OMPL, was constructing the $930m paraxylene and benzene plants as a completely integrated aromatic complex linked to MRPL’s refinery to process naphtha for downstream value addition, the official added.

($1 = €0.73)

By Ajoy K Das