MUMBAI (ICIS)--State-run Indian Oil Corp (IOC) expects to complete expansion of its Gujarat refinery by end-September or early October 2024, a company source said on Wednesday.
The project, which will expand the refinery capacity in Vadodara by 31% to 18m tonnes/year, was initially slated for completion in 2022.
“We had to reschedule the project timelines due to the coronavirus pandemic,” the source said.
As part of the refinery expansion, the company plans to set up a new 90,000 tonnes/year n-butanol plant and increase the capacity of its linear alkylbenzene (LAB) unit by 20,000 tonnes/year to 160,000 tonnes/year.
Visit the ICIS Coronavirus topic page for analysis of the impact on chemical markets and links to latest news.