IndianOil to set up Naphtha unit
New Delhi   20-Sep-2008
IndianOil with its long term plans to convert Panipat Refinery Complex into a central hub of its operations, has decided to set up naphtha cracker and downstream polymer unit (naphtha cracker complex) at Panipat. IndianOil is also planning to consolidate its position by making naphtha unit an integrated refinery-cum-petrochemicals complex. The total estimated capital required to establish the unit is Rs 14,439 crore and is scheduled for commissioning by November 2009.