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Indian Oil restart naphtha cracker in September end set for new expansion

IOCL has shut its only naphtha cracker and half of its Panipat refinery since early this month for maintenance, head of refineries S M Vaidya said on Tuesday.IOCL shut a naphtha cracker which can produce around 800,000 tonnes per year (tpy) of ethylene and it has also idled 50% of its 300,000 barrel per day (bpd) refinery in Panipat.The units will resume operations on Sept. 25 In a major move the unit is to further expand its capacity of the cracker to 1.1 million tpy in 2021/2022.