BHARAT PETROLEUM CORPORATION LTD. - BPCL to diversify into Petrochemicals
| < Back | |
| 03 Dec 2014 | |
| Bharat Petroleum Corporation Ltd has informed BSE that the Board of Directors of BPCL have given their approval for diversification into Petrochemicals at an estimated capital cost of Rs. 4,588 Crores. BPCL plans to produce niche petrochemicals such as Acrylic Acid, Acrylates and Oxo Alcohols, that are predominantly being imported into the country, at its Kochi Refinery facility, using the Polymer Grade Propylene that will be available after the ongoing Integrated Refinery Expansion Project (IREP) is completed. The major end uses are in paints and coatings, adhesives, plasticisers, solvents, water treatment etc. The unit is expected to come on stream during the Financial Year 2018-19. The project proposal will now be submitted for obtaining environmental clearance. | |
| View all announcements for BHARAT PETROLEUM CORPORATION LTD. | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback