IOC plans to set up Rs 4000-cr ethylene derivative plant in Paradip

摘要

INDIAN Oil Corporation (IOC) is reportedly planning to set up an ethylene derivative plant at its Paradip refinery complex in Orissa with an investment of Rs 4000 crore. "Indian Oil is also evaluating the feasibility of setting up of ethylene derivative plant at an estimated cost of nearly Rs 4000 crore," said Dharmendra Pradhan, Union Minister of State for Petroleum and Natural Gas, during the foundation laying ceremony for IOC's Rs 3150 crore polypropylene (PP) plant at Paradip onNovember 16,2014.