Bharat Petroleum Corporation Ltd. (BPCL) and LG Chem (South Korea) have signed an MOU for forming a Joint Venture to set up a petrochemical plant adjacent to its Kochi Refinery complex.
BPCL, India's second-largest public sector Oil Marketing Company, would be investing approximately Rs 14,000 Crores over the next five years for expansion of its Kochi Refinery.
As part of the expansion project, BPCL would be setting up a Petrochemical Fluid Catalytic Cracker (PFCC) which would generate 500 TMTPA of Propylene, thereby, providing BPCL a launching pad for diversification into Petrochemicals.
The petrochemical project would be set up in the JV mode at an additional cost or Rs 4.000-6.000 Crores adjacent to the Kochi Refinery and is slated for completion in the next four years dovetailed with the refinery expansion project.
Bharat Petroleum Corporation Ltd. (BPCL)
| On 28th Jul 2021
About 5.7 million people aged 14 or more in Australia will purchase a ...
| On 27th Jul 2021
Nearly half of US fashion brands and buyers are eager to source more...
| On 27th Jul 2021
The Australian Cotton Shippers Association and Cotton Australia have...
Money never disappears-it just finds new opportunities
Main challenges are breakdown of supply chain and shrinkage of manpower
Sustainable and eco-friendly fibres remain in the minority
The Riri Group is a one-stop supplier of metal accessories for the luxury...
Established since 1846, Evlox is a specialised denim manufacturer with its ...
Luxe Maison is a premiere haute couture e-boutique established after 2015. ...
Jaanuu, a vertically integrated e-commerce company, has reimagined the...
University of Rhode Island
Assistant professor Daniel Roxbury and former URI graduate student...
<div>RocketLife, an award-winning developer of breakthrough visual...
Label Seema Gujral
<b>Seema Gujral</b>'s designs for her eponymous label revolve around...
Label Archana Jaju
<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...
Designer <b>Suman Nathwani</b> talks about her journey of opening a...
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.