12 Apr – India’s IOC plans to start up new PP unit
According to sources close to the company, Indian Oil Company (IOC) is planning to start up its new PP unit in Paradip, India by the end of May.
The operating rates of the facility are expected to be gradually ramped up to 40-50% in two months and start exporting material by June or July, sources reported.
The proposed plant has a combined PP production capacity of around 700,000 tons/year and is part of the Paradip petrochemical complex project.
The complex also includes a 350,000 tons/year MEG unit and a 1.2 million tons/year PTA and synthetic ethanol unit. It is expected to be linked to a 15 million tons/year refinery at the same location.