Home / Knowledge / News / Textiles / Naphtha cracker complex to emerge as petrochem hub
Naphtha cracker complex to emerge as petrochem hub
22
Sep '08
IndianOil, in its pursuit to add value to its operations has taken many initiatives for diversification. Petrochemicals has been one of the major areas. Accordingly Naphtha Cracker & downstream polymer units are being installed at Panipat, making this complex an integrated Refinery-cum-Petrochemicals Complex.

The Naphtha Cracker Complex is being implemented at an estimated capital investment of Rs. 14,439 crore and is scheduled for commissioning by November 2009. This project aims to utilize the surplus Naphtha available from IndianOil refineries and create valuable polymer products and other key intermediates. This was disclosed by IndianOil's Director (Refineries), Mr. B N Bankapur while interacting with the media at Panipat Refinery.

The Naphtha Cracker complex along with the PX-PTA units will have synergistic impact in the growth of downstream industries for the production of Polyester Staple Fibre (PSF), Polyester Filament Yarn (PFY) and Textiles. Based on the above raw material availability, there will be steady growth of related industries in this region.

Mr. Bankapur also shared that the Naphtha Cracker Project at Panipat has achieved 78% overall progress against the schedule of 77.2% in about two years time and termed it as a good achievement.

Panipat Refinery Additional Expansion Project:
IndianOil is also expanding the Refining Capacity of its Panipat from 12 MMTPA to 15 MMTPA. The Panipat Refinery Additional Expansion Project (P-15) is in progress and is targeted to be completed by December 09. This will ensure better supply of petroleum products to the strategic north-west region of the country.

IndianOil's Panipat Refinery is the most technically advanced Public Sector refinery of lndia today which meets the demand of petroleum products not only in Haryana but also in the entire North-West Region including Punjab, J&K, Himachal, Chandigarh, Uttarakhand states and part of Rajasthan & Delhi.

The original refinery at Panipat with 6 MMTPA capacity was built and commissioned in 1998 at a cost of Rs. 3868 crore. The Refinery doubled its refining capacity from 6 MMTPA to 12 MMTPA in 2006 with the commissioning of its Expansion Project.

Talking about the other major ongoing projects at IndianOil, Director (Refineries), Mr. Bankapur said that in order to ensure meeting product quality requirement of MS/HSD to EURO-III/IV levels, and to process increased quantity of high sulphur crude and improvement in distillate yield, IndianOil is implementing a Resid upgradation project at Gujarat Refinery at a cost of 5,882 crore which is scheduled for completion in January 2010.

Improvement in diesel quality and capacity expansion at Haldia refinery at a cost of Rs. 2,869 crore is under implementation. The project comprises installation of facilities for improvement in Diesel quality and Distillate yield (Hydrocracker) at Haldia and the capacity expansion of the Refinery from 6 MMTPA to 7.5 MMTPA.


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X