BPCL plans to invest Rs 5,044 crore to set up polypropylene unit at Kochi refinery
Mumbai: Bharat Petroleum Corporation Limited (BPCL) on Wednesday announced an investment of Rs 5,044 crore to set up a polypropylene unit at Kochi refinery.
The polypropylene unit is set to have a production capacity of 400 Kilo-Tonnes per annum.
The project is slated for completion in approximately 46 months.
"This visionary project leverages the abundant propylene feedstock at Kochi Refinery, marking a significant milestone in reshaping the petrochemical industry landscape," BPCL said in a statement.
G Krishnakumar, C&MD, BPCL said, “Addressing India's petrochemical demand, this project will reshape the industry, meeting the requirements for packaging films, containers and more,” said.
Polypropylene, a versatile material, finds applications in packaging films, sheets, boxes, Containers, bags, homeware, home care, personal care, and many everyday articles.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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