Bharat Petroleum Corp. Ltd (BPCL) is talking to companies in Japan and China for technology to manufacture propylene-based products at its proposed petrochemicals complex in Kochi in Kerala as per Luvemint.com. Two persons familiar with the talks confirmed that discussions were underway with one company each in Japan and China, with a final decision likely in a couple of months.
Propylene-based products such as acrylic acid and acrylates are used in plastics, paints, coatings, adhesives, inks and textiles. The company’s attempt to enter this niche segment, which is fully dependent on imports, depends on its ability to secure technology for the same. This is BPCL’s second attempt in tying up technology for the industrial raw material, after talks with South Korea’s LG Chem Ltd failed earlier.
01-Jul-14 
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