13-Sep-19 Indian Oil Corp has shut its only naphtha cracker and half of its Panipat refinery since early this month for maintenance, head of refineries S M Vaidya has been quoted by Reuters.
IOC shut a naphtha cracker which can produce around 800,000 tpa of ethylene and it has also idled 50% of its 300,000 bpd refinery in Panipat. The units will resume operations on Sept. 25. Capacity of the cracker is set to be raised to 1.1 million tpa in 2021/2022.
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