Ipcl To Take Up 5 Capacity Expansion Plans This Fiscal

The Vadodara-based Indian Petrochemicals Corporation Ltd (IPCL) will take up five new capacity expansion projects during the current fiscal year and will also optimise manufacturing operations of all three complexes, using a comprehensive linear programming model.

The petrochemical giant, which has posted a 16 per cent increase in gross turnover to Rs 9,921 crore at the end of the last fiscal, has doubled its exports turnover to Rs 424 crore, the highest-ever by IPCL.