BPCL plans to invest Rs 5,044 crore to set up polypropylene unit at Kochi refinery
Mumbai: Bharat Petroleum Corporation Limited (BPCL) on Wednesday announced an investment of Rs 5,044 crore to set up a polypropylene unit at Kochi refinery.
The polypropylene unit is set to have a production capacity of 400 Kilo-Tonnes per annum.
The project is slated for completion in approximately 46 months.
"This visionary project leverages the abundant propylene feedstock at Kochi Refinery, marking a significant milestone in reshaping the petrochemical industry landscape," BPCL said in a statement.
G Krishnakumar, C&MD, BPCL said, “Addressing India's petrochemical demand, this project will reshape the industry, meeting the requirements for packaging films, containers and more,” said.
Polypropylene, a versatile material, finds applications in packaging films, sheets, boxes, Containers, bags, homeware, home care, personal care, and many everyday articles.
(With UNI inputs)
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