Wednesday, 16 March 2016

RIL to invest Rs 13,000 crore in petrochemical expansion-I: Expansion will raise capacity across the board

Who says big investments are not taking place in the oil & gas and related segments in India?
 
8Close on the heels of news that money is going to be pumped into the KG Basin to get deepwater gas discoveries off the ground, RIL has unfolded a massive Rs 13,250 crore plan to expand its gas craker at Bharuch in Gujarat, based on imported propane.
 The expansion will raise the company's petrochemical capacity in the following manner:
 
8Ethylene capacity will go up by a hefty 200,000 tonnes
 
8Ethylene Dichloride by 89,000 tonnes
 
8Vinyl Chloride Monomer, Polyvinyl Chloride and Chlorine by 45,000 tonnes
 
8Caustic Soda by 52,000 tonnes
 
8Ethylene Oxide by 30,000 crore
 
8HDPE by Rs 2,000 tonnes
 
8Ethylene Vinyl Acetate by 2,000 tonnes
 New units are to be added as well, and that includes:
 
8A Chlorinated Poly Vinyl Chloride (CPVC) unit with a capacity of 70,000 tonnes
 
8A Vinyl Chloride Monomer of 12,00,000 tonnes
 
8A Poly Vinyl Cholride of a capacity of 12,00,00 tonnes.
 
8There will also be a concomitant increase in relevant product and byproduct capacities as well.


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