India: Pertochemicals India's Bharat Petroleum Said to Invest in Petrochemicals Complex
According to IHS Chemical Week, Bharat Petroleum plans to build a petrochemicals complex at its Bina refinery in Madhya Pradesh.
Bina/India — The project is part of a 250-billion Indian rupees ($ 4 billion) expansion plan for the refinery. It includes a 1.5-million metric tons/year naphtha cracker, Indian livemint.com reports.
Bharat Oman Refineries Limited (BORL) is a joint venture company of Bharat Petroleum Corporation Limited (BPCL) and Oman Oil Company. The joint venture is engaged in crude procurement, crude oil refining & storage and despatch of petroleum products. The Company operates a six million metric tonnes per annum capacity refinery at Bina, Madhya Pradesh.
According to its website, the state-run company has launched a project for a low cost de-bottlenecking of its existing facilities to enhance its current capacity to 7.8 metric tons/year in the next 3 years.