IndianOil plans Rs 2,000-crore paraxyline plant
New Delhi   18-Jan-2008
IndianOil will set up a Rs 2,000-crore paraxyline plant near its Gujarat refinery. “The IndianOil board has approved setting up the plant to meet growing demands for petrochemical products,” the refinery’s executive director U K Basu said. The refinery is also setting up a Rs 5,700-crore project to boost production of LPG and high speed diesel.