MRPL begins polypropylene production from new unit

Image
Press Trust of India New Delhi
Last Updated : Jun 19 2015 | 4:13 PM IST
Mangalore Refinery and Petrochemicals Ltd has begun production of polypropylene from its new 440,000 tons a year unit.
Polypropylene is a versatile polymer used for making a variety of plastics end-use products - from packaging and labelling material to textiles, stationery, plastic parts and reusable containers.
MRPL, a unit of state-owned Oil and Natural Gas Corp, has "successfully started commercial production of polypropylene from its 4,40,000 tons per annum Polypropylene Unit (PPU) at Mangaluru," the company said in a statement.
The unit has been set up with the licensor Novolen Technology of Germany at an estimated cost of Rs 1,804 crore. It gets feedstock from MRPL's Petrochemical Fluidised Catalytic Cracking Unit (PFCCU).
The unit, which was constructed as part of the Phase-III expansion that took the refining capacity to 15 million tons per annum, is backed by four Warehouses with capacity for 21 days cover and a fully Automated Pellet Bagging System.
MRPL Managing Director H Kumar said: "Commercial production of polypropylene, which is a value-added product, marks MRPL's foray into petrochemicals. This will be a new revenue stream for MRPL and will also deliver value to the stakeholders."
The company is setting up a Linear Alkyl Benzene (LAB) Plant for producing raw materials to manufacture detergent and is also looking expanding its refining capacity to 18/21 million tons per annum in next 6 years at an estimated investment of Rs 8,500 crore.
It is studying techno-economic viability of the project and availability of required infrastructure at Mangalore.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 19 2015 | 4:13 PM IST

Next Story