Home / Knowledge / News / Textiles / Alfa keen to win Ethylene XXI project bid
Alfa keen to win Ethylene XXI project bid
20
Sep '08
Recently, it was announced that federal government has planned the Ethylene XXI project, and many corporations are showing keen interest in it.

One such Mexican conglomerate Alfa, one of the leading enterprises in the country, is also competing for this project.

Confirming the news to Fibre2fashion, sources from Alfa said that domestic and foreign companies will participate in an auction, to be held by state oil company Pemex, to supply 66,000b/d of ethane for 15 years for the complex.

Sources also said that this project, which is expected to need an investment of US $2.5-3 billion, will also include an ethylene cracker among others.

The project involves the construction of five plants in Coatzacoalcos, Veracruz state - one ethylene, one ethylene oxide, one polypropylene and two polyethylene facilities

Experts said that Government had taken this step so as to reduce imports of petrochemicals derived from ethylene and propylene as well as increase the feasibility of the petrochemicals industry.

Fibre2fashion News Desk - India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Lynda Kelly
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Paolo Ocleppo
Sandvik Hyperion

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search