A Subsidiary of Oil and Natural Gas Corp. (ONGC) - Mangalore Refinery and Petrochemicals Ltd., plans to invest Rs 18 billion in a 440,000 tpa polypropylene plant. The formalization of the proposal was subject to approval from the ONGC board, received at a board meeting this week. The PP unit is to be integrated with the MRPL Phase-3 complex facilities, which is under implementation. The project envisages value addition through conversion of Polymer grade propylene produced from the Petrochemical Fluidised Catalytic Cracking Unit (PFCCU) being implemented under the Phase-3 Refinery Project to Polypropylene.
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24-Jul-09 
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