 "Manali Petrochemicals’ propylene oxide & propylene glycol plants")
After shutting down the Chennai refinery due to rains, Chennai Petroleum Corporation Ltd -- an IOC company -- has decided to shut Cauvery Basin Refinery at Nagapattinam since Sunday, December 06, 2015 night.
The company has informed the BSE due to heavy rains and water-logging on the refinery premises, the Manali Refinery of CPCL was shutdown effective December 2, 2015 and the Cauvery Basin Refinery at Nagapattinam was shutdown effective December 6, 2015 night.
Manali Petrochemicals Limited and Kothari Petrochemicals have informed the exchange that operations of the company's plants have affected due to heavy rains.
The company has informed the BSE due to heavy rains and water-logging on the refinery premises, the Manali Refinery of CPCL was shutdown effective December 2, 2015 and the Cauvery Basin Refinery at Nagapattinam was shutdown effective December 6, 2015 night.
Manali Petrochemicals Limited and Kothari Petrochemicals have informed the exchange that operations of the company's plants have affected due to heavy rains.
Manali Petro informed both the plants of the company remain affected since December 2, 2015 due to flood and the resultant power disruptions. The plant operations are expected to recommence shortly in a phased manner subject to resumption of normalcy in power supply, material movements and others.
"Consequently the overall operation for the quarter and the year will be impacted significantly," said the company.
MPL produces and marketing of Propylene Oxide, Propylene Glycols and Polyols in India. Located at Manali in Chennai. The company operates two grassroot production facilities at Manali to manufacture propylene oxide (PO), propylene glycol (PG) and polyols. It markets its polyols with isocyanates sourced indigenously as well as imported from Japan and China and the pre-polymers produced at MPL in meeting the demand of polyurethane industry in India.
Kothari Petrochemicals Limited informed that the operations at the company's factory located at Manali industrial area, Manali, Chennai, has been disrupted due to flooding of the factory premises caused by incessant rains.
The company is headed by Nina Bhadrashyam Kothari, daughter of late Dhirubhai Ambani. she was married to Bhadrashyam Kothari.
The factory has been shut down since mid-night of December 2, 2015. Due to heavy water-logging and continuous rain the damage could not be ascertained as of now. The factory is adequately covered by insurance. Necessary steps are being taken to restore normalcy, said the company.
Tamilnadu Petroproducts Ltd also said its plant at Manali continues to remain shut. The plant operations remain suspended from December 2 due to inundation and the consequent power failure.
The company said situation is being assessed and information on restart of the operations will be furnished in due course. Company's Linear Alkyl Benzene (LAB) facility is located at Manali in North Chennai.
The company said situation is being assessed and information on restart of the operations will be furnished in due course. Company's Linear Alkyl Benzene (LAB) facility is located at Manali in North Chennai.
Neyveli Lignite Corporation NLC) has informed BSE that Neyveli region received a rainfall of around 408mm in eight hours on November 9, 2015, the highest rainfall since inception of the Company in the year 1956 and there has been almost persistent rain since November 8, 2015 resulting in flooding of mines and suspension of mining operations and lower in power generation.
"However, maximum possible power generation have been taken up. Necessary action has been taken to make the shortfall in production and power generation to the extent possible. The power generation in Thermal Power Station in Barsingsar, Rajasthan and in Tuticorin power project of NLC Tamilnadu Power Limited, the subsidiary company are operating as usual," said the company.
