BPCL plans to invest Rs 5,044 crore to set up polypropylene unit at Kochi refinery
Mumbai: Bharat Petroleum Corporation Limited (BPCL) on Wednesday announced an investment of Rs 5,044 crore to set up a polypropylene unit at Kochi refinery.
The polypropylene unit is set to have a production capacity of 400 Kilo-Tonnes per annum.
The project is slated for completion in approximately 46 months.
"This visionary project leverages the abundant propylene feedstock at Kochi Refinery, marking a significant milestone in reshaping the petrochemical industry landscape," BPCL said in a statement.
G Krishnakumar, C&MD, BPCL said, “Addressing India's petrochemical demand, this project will reshape the industry, meeting the requirements for packaging films, containers and more,” said.
Polypropylene, a versatile material, finds applications in packaging films, sheets, boxes, Containers, bags, homeware, home care, personal care, and many everyday articles.
(With UNI inputs)
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
