Home / Knowledge / News / Textiles / Kochi petrochemical complex to produce propylene, ethylene
Kochi petrochemical complex to produce propylene, ethylene
Jul '13
Propylene and ethylene, used as raw materials in the production of synthetic textiles, would be among the petrochemicals that would be produced at the proposed petrochemical complex in Kochi, a major port city on the west coast of India.
A Rs. 80 billion petrochemical complex-cum-park is proposed to be set up by the Kerala State Industrial Development Corporation (KSIDC) on about 500 acres of land, adjacent to the Integrated Refinery Expansion Project (IREP) of BPCL Kochi Refinery, in Kochi.
Speaking at a ‘Business Meet on Petrochemical Sector’, organized by the KSIDC in Kochi, BPCL deputy general manager Murali Madhavan said the IREP and the new petrochemical complex are together likely to bring investment of Rs. 220 billion, making it the single largest investment in the state.
He informed that BPCL is considering sourcing technology from process licensors and joint ventures to bring in international expertise and state-of-the-art technology. He said BPCL is expecting Rs. 62 billion investment in niche derivates consuming 250-300 kilo tons per annum of propylene.
Giving a presentation on ‘petrochemical project of BPCL’, deputy general manager George Paul said, the new complex would have capacity to produce 500,000 tons of propylene and 75,000 tons of ethylene.
Making a presentation on ‘opportunities in the petrochemical downstream sector and establishment of petrochemical park by KSIDC, TP Thomas Kutty, executive director of KSIDC, said seven companies have already expressed interest in starting units in the proposed petrochemical park, which would have common effluent treatment plant, green belt and facilities for feedstock transfer through pipeline.
Kochi is emerging as a petrochemical hub of the country due to the presence of BPCL Kochi refinery, excellent port infrastructure, bulk cargo terminal, and airport connectivity, Mr. Kutty said.
Established in 1961, KSIDC is a wholly owned company of Government of Kerala, for the promotion and development of medium and large scale units in the state. So far, KSIDC has promoted more than 650 projects in the state with an investment outlay of Rs. 51.55 billion providing employment to approximately 72,500 people.

Fibre2fashion News Desk - India

Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Indian fashion industry

Organic the first choice of any environment-conscious person

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search