Bharat Petroleum Corp Ltd (BPCL) said that its board has approved an investment of Rs. 11,130 crore for setting up a petrochemical unit at its Kochi refinery in Kerala.
BPCL’s Kochi refinery at its recent expansion to 15.5 million tonnes per annum capacity produces 5,00,000tonnes of polymer grade propylene. Half of this propylene is utilised for manufacturing of niche/specialty petrochemicals like acrylic acid, oxo alcohol and acrylates, which find applications in areas like paints and coatings, adhesives and solvents. From the balance, BPCL plans to produce value-added petrochemicals. |
