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MRPL likely to expand its Propylene market

India based Mangalore Refinery and Petrochemicals is planning to expand its Polypropylene market. According to the annual report of MRPL, the company has successfully penetrated the in the polypropylene market with a sale of 0.139 mt with sales value of Rs.1,039 crore. Company is in urge to reach the market of 0.44 mt polypropylene a year. To further influence the highly profitable polypropylene and to position MRPL as a niche player, comprehensive pricing of various grades of polypropylene has been put in place along with customer enrolment activity. Del Credere Agents cum Consignment Stockist has been appointed to partner MRPL in addressing major demand clusters in the south and west of India. The aromatics complex of OMPL, which produces paraxylene and benzene in Mangalore Special Economic Zone, started its operations from October 1, 2014. OMPL’s aromatic complex has the capacity to produce 0.914 mln tpa of paraxylene and 0.283 mln tpa of Benzene.