London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Indian Oil to commission second PP plant in Panipat in January 2020

November 29/2019

MOSCOW (MRC) -- Indian Oil Corporation Ltd (IOCL) has started up one of its new PP plants since July 2019, meanwhile another line has been delayed to January 2020, reported CommoPlast with reference to market sources.

Based in Panipat, India, the company's new PP plants consists of two lines each with 340,000 tons/year of production capacity.

The first PP line which commissioned in July this year is designed to produce homopolymer grades meanwhile another is for copolymer grades.

As MRC wrote earlier, Indian Oil Corp restarted operation at its naphtha cracker in India in early-October, 2019, after completing maintenance works. 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.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,589,580 tonnes in the first nine months of 2019, up by 7% year on year.  Shipments of all PE grades increased. The estimated PP consumption in the Russian market was 976,790 tonnes in January-September 2019, up by 4% 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.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, PP block copolymer, homopolymer PP, propylene, ethylene, Indian Oil Corp, India, Russia.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe