IOCL To Setup Ethylene Glycol Project At Paradip, Odisha
2018-04-27 Announcements Chemicals & Petrochemicals Eastern India
Indian Oil Corporation Limited has informed that the board of directors of the company at its meeting approved implementation of 357 KTA Ethylene Glycol Project along with associated facilities at Paradip based on off-gas of the Fluid Catalytic Cracking Unit at an estimated cost of Rs.4,221 crore. The major application of Ethylene Glycol is in the manufacture of polyester fibre, bottle grade chips and polyester grade chips. The project would help in meeting the growing domestic demand of Ethylene Glycol in the country.