13MAR2019 - NEWS - Haldia Petrochemicals plans to deploy an innovative technology for its project in Odisha

Haldia Petrochemicals (HPL), the biggest investor at ‘Make in Odisha 2018’ conclave, plans to deploy an innovative technology for its project that seeks to convert crude oil into chemicals and petrochemicals directly. As opposed to the customary production of refined petroleum products, HPL’s plant will concentrate on higher output of petrochemicals. HPL, the West Bengal-based petrochemicals company, is setting up an integrated refinery with aromatic complex for production of paraxylene and purified terephthalic acid (PTA) units in the first phase. The production capacity of paraxylene unit will be 1.6 million tonne per annum (mtpa) and PTA will have 2.5 mtpa capacity. The first phase of the HPL project approved is expected to be operationalised within five years of allotment of land.

Published by Editor - www.Livebunkers.com at 13-Mar-2019 05:25:34 [UTC] , contact editor at editor@livebunkers.com