Inspection of the site shortlisted by the state government for the proposed mega integrated petrochemical complex near Paradip is on the cards. A high-level team from the Centre will visit Orissa to inspect the land near the port-town in Jagtsinghpur district for the proposed complex at the Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) to be developed at an investment of about Rs one lakh crore. The PCPIR is likely to be placed for cabinet approval after the visit of the central team.
Paradip is one of the six sites identified by the central government across the country for the development of PCPIR along with sites at Haldia-Nayachar in West Bengal, Dahej in Gujarat, Visakhapatnam in Andhra Pradesh, Mangalore in Karnataka and Cuddalore-Nagapattam in Tamilnadu. Of these, the PCPIR has been approved in states of Gujarat, Andhra Pradesh and West Bengal.
Previous News
Next News
-
Higher petrochemical margins propel Thai PTT Aromatics Q1 net profit by 35%
-
India’s MRPL seeks to sell naphtha for June loading
-
Speculated demand growth, a recovery in the Euro, push up oil prices
-
Advances in polymers in oilfield engineering
-
Higher PP offers to SE Asia from regional producers
-
PET prices almost stable at firm levels in Asia, rise in Europe
-
Court approval for LyondellBasell’s proposed restructuring plan to exit bankruptcy
-
Plunging propylene prices in USA rouse downstream markets
-
Eastman mulls divesture of PET business
-
Dammam 7 Petrochemical Co inks deal with Shanghai Huayi for acrylic acid plant
-
Deepak Nitrite to Invest INR 11,000 Crore to Build India's First Polycarbonate Resin Ecosystem
-
PPRDC and Indian Institute of Packaging Launch Advanced Recycling Certificate Course to Build India's Circular Economy Workforce
-
SSF Plastics Helps Extinguish Fire at Neighbouring Factory
-
Why UAE’s OPEC Exit May Not Shake Oil Markets
-
EPL and Indovida to Merge, Creating a Consumer Packaging Leader for Emerging Markets
-
ABS and Polystyrene facility in Iran hit
-
Converting Nylon Fish Net waste to 3D Printing Filament
-
Samvardhana Motherson International Limited India’s Global Automotive Plastics & Systems Powerhouse
-
Varroc Engineering Limited: From Polymer Components to a Global Automotive Systems Leader
-
Hitech Corporation Ltd - Prominent Manufacturer of Rigid Plastic Packaging Products, Serving Paints, Agrochemicals, Lubricants, FMCG, and Food Industries.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}