INDIA'S Mangalore Special Economic Zone Limited (MSEZL), an entity dedicated to setting up new petrochemical companies in Mangalore, is in talks with several companies for constructing a 500,000 tpa propane dehydrogenation plant in Mangalore, as per a source in Platts. MSEZL wants the plant to be constructed over the next two-and-a-half years. Investment outlay is estimated at Rs 25 billion (US$404 mln). The capacity of the proposed PDH unit may be raised to 700,000 tpa if there is a suitable expression of interest from a company, the source said. MSEZL is also talking to several other companies to set up plants that will use propylene as a feedstock. "We are interested in companies that will manufacture products like oxo-alcohols, propylene oxide and propylene carbonate," the source said.
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