Petrochemical

Indian Oil said it will invest ₹17,825 crore in raising the capacity of its Gujarat refinery as well as setting up a petrochemical plant at the unit as part of plans for upscaling petchem business to protect margins Refinery Expansion: Indian Oil Corporation (IOC), the country’s top oil firm, on Tuesday said it will put ₹17,825 […]

Petronet bought the cargo which is for delivery to either Dahej or Kochi LNG terminal over Nov. 17-22 at about $4.80 per million British thermal units LNG News Update: India’s Petronet LNG purchased a melted flammable gas (LNG) payload for conveyance in November, two industry sources said on Monday. It purchased the payload which is […]

Kuwait is planning to open the Al-Zour LNG terminal by March, Bloomberg reported, citing anonymous sources. Al-Zour will be the largest plant of its kind in the Middle East. LNG News Update: Kuwait is wanting to open the Al-Zour LNG terminal by March, Bloomberg detailed, referring to unknown sources. Al-Zour will be the biggest plant […]

INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Dalian) Co., Ltd (Hengli), have announced the successful start-up of Hengli’s fifth purified terephthalic acid (PTA) line. Petrochemical Plant News: Hengli’s fifth PTA line with 2.5 million tpy, using INVISTA’s P8 PTA innovation, effectively fired up on 29 June 2020. Hengli likewise works […]

Indian Oil Corporation Ltd (IOCL), the country’s top refiner, has reported a net profit of Rs1,911 crore Indian Oil News: Indian Oil Corporation Ltd (IOCL), the nation’s top purifier, has revealed a net benefit of Rs1,911 crore for the monetary first quarter finished 30 June 2020, which is around 47 per cent lower contrasted and […]