Capacity of Kochi Refinery (a unit of Bharat Petroleum Corporation Ltd.) is being expanded from the current 9.5 mln tpa to 15.5 mln tpa. BPCL plans to establish a joint venture petrochemicals complex at the site. Once the petrochemicals complex is a reality, BPCL will emerge as a major challenger to HOCL in the petrochemicals derivatives market, especially in the case of phenol. The Union Fertilizer Ministry is exploring the possibility of merging the Kochi unit of Hindustan Organic Chemicals Ltd. (HOCL) with Kochi Refinery.
29-Dec-11 
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