MOSCOW (MRC) -- Indian Oil Corp is likely to restart operation at its naphtha cracker, according to Apic-online.
A Polymerupdate source in India, informed that, the company has planned to complete turnaround in early-October, 2019. The cracker was shut in early-September, 2019 for a maintenance turnaround.
Located in Panipat, in the northern Indian state of Haryana, the cracker has an ethylene production capacity of 857,000 mt/year and propylene capacity of 425,000 mt/year.
As MRC reported before, Indian Oil witnessed a massive blast in its refinery at Panipat, Haryana. A domestic source informed then that the blast took place in the naphtha cracker of the refinery in the afternoon, on 22 January 2018. One contractual employee of IOCL was reportedly killed in the accident while 5 others were injured.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,255,800 tonnes in the first seven months of 2019, up by 9% year on year. Shipments of all PE grades increased. At the same time, the estimated PP consumption in the Russian market was 796,120 tonnes in January-July 2019, up by 11% year on year. Shipments of PP block copolymer and homopolymer PP increased.
Indian Oil Corporation Limited, or IndianOil, is an Indian state-owned oil and gas corporation with its headquarters in New Delhi, India.
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