Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at email@example.com in case you need any other additional information.
"This plant, along with the upcoming monoethylene glycol (MEG) plant of 357-KTA (kilo tonnes per annum) capacity at Paradip, would be a ready source of feedstock for IndianOil's upcoming 300-KTA textile yarn manufacturing project at Bhadrak in Odisha, and can similarly facilitate other textile and polyester projects in the region. We are sure that these investments, along with investments in other downstream projects, will boost entrepreneurship not only in Odisha but in the entire eastern India that would contribute to the 'Atmanirbhar Bharat' and 'Make in India' vision of our nation," said IndianOil chairman SM Vaidya.
The PX-PTA project will be completed by early 2024. The petrochemicals complex will have a PX production capacity of 800,000 tonnes per annum, which would be the feedstock for production of PTA. The production capacity of PTA would be 1,200,000 tonnes per annum, an IndianOil release said.
PTA is the raw material for the production of polyester along with MEG. IndianOil's MEG production facility is already under implementation at Paradip and will become operational towards the end of 2021.
The availability of both PTA and MEG at Paradip will give a boost to polyester manufacturing facilities in the vicinity. Also, 50,000 tonnes per annum of Toluene will be produced. With the commissioning of both PTA and MEG projects, the Petrochemical Intensity Index of Paradip Refinery will increase to 14.7 from the present level of 4.5.
PTA is a major raw material for manufacture of polyester fibre/yarn, PET bottles and polyester film used in packaging applications. PTA and MEG combined are the main feedstocks for polyester manufacture. The Petroleum, Chemical and Petrochemical Investment Region (PCPIR) of Paradip, Odisha, will have both these feedstocks of world-class quality available under one roof.
The availability of Toluene, an important chemical used to produce Toluene Di-isocyanate (TDI), Chloro-Toluene, Nitro-Toluene and Cresols, would be an added advantage. Toluene Di-isocyanate is the basic material for the production of flexible polyurethane foams, adhesives, synthetic leathers and coatings, etc.
The PX-PTA project is estimated to generate approximately five million man-days of employment over the three-year construction period with direct and indirect employment opportunities for more than 2,000 technically skilled, semi-skilled and unskilled manpower in the various areas of operations, maintenance of units and logistics for handling the product value chain.
Fibre2Fashion News Desk (RKS)
| On 18th Sep 2020
With the pandemic continuing to threaten jobs, businesses, health and ...
| On 18th Sep 2020
The pandemic will significantly affect the exports of Cambodia, Laos, ...
| On 18th Sep 2020
The company voluntary arrangement proposal of New Look Retail...
Farmers who produce seeds earn 50 per cent more
Clothes are no more bound by gender
GST has levelled the playing field to an extent
Switzerland-based Uster Technologies AG is the leading high technology...
J Korin started as a partnership firm with four powerlooms in the textiles ...
<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...
Hula Global, a leading isolation gown manufacturer in India, has been...
Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively
Functional Fabric Fair is a trade-exclusive event showcasing the latest...
UK-based Pireta has developed a unique free-form process to add durable,...
Sarah Denise Cordery
Sarah Denise Studio
Manchester, England-based Sarah Denise Studio provides relevant fashion...
<span style="font-size: 12px;">Designer Suman Nathwani talks about her...
Bani Batra’s couture wedding collection is inspired by traditional Indian...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.