Bharat Petroleum Corporation (BPCL), India's second largest state-owned fuel retailer, is planning to set up a petrochemical plant at its 12 million tonne per annum Mumbai refinery at a cost of Rs 6,877 crore. The Petrochemical Residue Fluidized Catalytic Cracking (PRFCC) project is part of a larger plan by the Oil Marketing Company to expand its petrochemicals portfolio. The complex is expected to maximize Propylene production which is used as feed stock for producing Polypropylene. Polypropylene is a polymer used in industrial applications including packaging, plastics, textiles, living hinges and the automobile industry.
