Nayara Energy Expanding its Vadinar Refinery Capacity, Spending Rs 1.3 Lakh Crore on the new polyethylene, polypropylene and aromatics unit.

Nayara Energy Expanding its Vadinar Refinery Capacity, Spending Rs 1.3 Lakh Crore on the new polyethylene, polypropylene and aromatics unit.

  • 30-Oct-2019 12:14 PM
  • Journalist: Patrick Knight

Nayara Energy is planning to invest Rs 1.3 lakh crore to expand its Vadinar refinery from its current 20 Million Tonne Per Annum (MTPA) capacity to 46 MTPA by introducing additional capacity of 26 MTPA. The company will also add a 10.75 MMTPA petrochemical complex which will mostly produce polyethylene, purified terephthalic acid, polypropylene and Paraxylene. The new project will introduce two new crude grades - Cabinda crude (17.4%) and Escalante crude (5.7%), in addition to the already processed grades. These expansion projects will be tentatively completed by 2024. The total cost of the expansion project is estimated to be Rs 1420 billion and Nayara is planning to employ more than 12,000 workers during the construction phase of the project and about 2,000 persons will be employed during the operation phase.

Related News

Wondering Why German PTA Prices are Rising in Feb 2025 Here is the Reason
  • 18-Feb-2025 6:30 PM
  • Journalist: Italo Calvino
China PTA Price Decreases in November 2024 Amid Early Destocking
  • 04-Dec-2024 7:00 PM
  • Journalist: Francis Stokes
US PTA Price Slumps in October 2024 Despite High Trading Activity
  • 06-Nov-2024 8:00 PM
  • Journalist: Alexander Pushkin
German PTA Prices Face Steep Decline in September 2024
  • 01-Oct-2024 3:42 PM
  • Journalist: Xiang Hong

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.