ONGC defers startup of new paraxylene plant to Q3-2014

23-Jan-14

Oil and Natural Gas Corp has deferred the startup of its new aromatics plant in Mangalore to Q3-2014, from its previous schedule in March, as per Platts. Plant capacity comprises 900,000 tpa of paraxylene and 270,000 tpa of benzene. ONGC had initially planned to start commercial operations in April 2013, but this was pushed back several times due to delays in construction. Other than ONGC, several new PX plants across the region have also recently pushed back their startup dates to later this year.