CHENNAI: The country’s largest naphtha cracker plant at IndianOil’s Panipat Complex was dedicated to the nation by Union Minister of Petroleum and Natural Gas, S Jaipal Reddy, in the presence of Chief Minister of Haryana, Bhupinder Singh Hooda, IndianOil Chairman, S V Narasimhan, and other senior officials from the Government and industry.
The naphtha cracker complex, built at a cost of `14,439 crore will provide significant impetus to India’s leading Fortune-500 company’s ambitious foray into petrochemicals. The complex is designed to produce 800,000 TPA of ethylene and will source feedstock from IndianOil’s Gujarat Refinery in western India and Panipat and Mathura Refineries in the North.
The Panipat complex will produce 800 KTA of Ethylene and 600 KTA of Propylene, which will act as feed for downstream polymer units like Polypropylene Unit (600,000 MTPA), Linear Low Density/ High Density Polyethylene Swing Unit (350,000 MTPA), High Density Polyethylene unit (300,000 MTPA) and Mono Ethylene Glycol unit (300,000 MTPA).
The complex along with the PX-PTA units will have synergistic impact in the growth of downstream industries for the production of Polyester Staple Fibre (PSF), Polyester Filament Yarn (PFY) and Textiles.
The Panipat Refinery, IndianOil’s seventh and most technically advanced public sector refinery of the country, is today one of South East Asia’s largest integrated petrochemicals plants.
The refinery doubled its capacity from 6 MMT/year to 12 MMT/year in 2006 with the commissioning of its expansion project. With further enhancement of the refining capacity by 3 MMTPA in 2010, the group refining capacity is now 65.7 MMTPA, making IndianOil the nation’s No. 1 refiner.