BPCL board approves investment of Rs 11,130 crore for petrochemical project

Published on September 29, 2018

Bharat Petroleum Corp Ltd its has approved an investment of Rs 111.3 billion for setting up a petrochemical unit at its Kochi refinery in Kerala.

BPCL's Kochi refinery at its recent expansion to 15.5 million tonnes per annum capacity produces 5,00,000 tonnes of polymer grade propylene.

As per source info, half of this propylene is utilised for the manufacturing of niche/speciality petrochemicals like acrylic acid, oxo alcohol and acrylates, which find applications in areas like paints and coatings, adhesives and solvents.

From the balance, BPCL plans to produce value-added petrochemicals


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