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IOCL to continue shutdown of its swing HDPE/LDPE unit

Indian oil Corp Ltd (IOCL) is likely to continue shutdown of its HDPE/LLDPE swing plant off-line till mid-August 2016. Earlier the unit was shut down due to fire instance occurred last weekend. Unit is located at Panipat in Haryana and has the production capacity of 3,50,000 mt/year.