Indian Oil Corporations Naphtha Cracker Complex has been inaugurated on February 15, 2011 by petroleum minister S Jaipal Reddy. The Naphtha Cracker Complex, built at a cost of Rs 14,439 crore, will provide significant impetus to IOC`s ambitious foray into petrochemicals. The naphtha would be sourced from IOC`s Gujarat Refinery in western India and Panipat and Mathura Refineries in north.
The Naphtha Cracker Unit at Panipat will produce 800,000 tpa Ethylene and 600,000 tpa Propylene. This will act as feed for downstream polymer units like the Polypropylene Unit (600,000 tpa), the Linear Low Density/ High Density Polyethylene Swing Unit (350,000 tpa), the High Density Polyethylene unit (300,000 tpa) and the Mono Ethylene Glycol unit (300,000 tpa). The Panipat Refinery was built using technology from IFP of France, Haldor-Topsoe of Denmark and UNOCAL/UOP as well as Stone & Webster of US. It processes indigenous along with a range of imported grades of crude oil.