KSIDC Planning to open Petrochemical park adjacent to BPCL

29 July 2013

Kochi

Giving a major boost to the petrochemical industries in the state, the Kerala State Industrial Development Corporation (KSIDC) is planning to set up a petrochemical park on 500 acres of land adjacent to the the Integrated Refinery Expansion Project of BPCL- Kochi Refinery site at Ambalamugal in Kochi.

KSIDC is in the process of finding land for the project in Puthencruz, Thiruvaniyur and Kunnathunad Villages and land acquisition will be completed before December 2015. The petrochemical park will have a Small Scale Industries (SSI) park with focus on MSME sector.

“Seven companies have already expressed interest in starting units in the park. The proposed petrochemical park will have internal roads, culverts and drainage, water treatment plant, water supply and distribution, common effluent treatment plant, green belt and facilities for feedstock transfer through pipeline” said T P Thomas Kutty, executive director, KSIDC. He added that interested groups can approach KSIDC with detailed project report to start companies in the park.

It is estimated that projects worth Rs 8,000 crore is in the pipeline in connection with the refinery expansion project. BPCL Deputy General Manager George Paul said the proposed petrochemical complex will produce 5,00,000 tons of propylene and 75,000 tons of ethylene, which will make the raw material for the downstream products.

Source – http://www.plastemart.com/plastic-facts-information.asp?news_id=24078&news=Kerala-plans-to-set-up-a-petrochemical-park-adjacent-to-BPCL-Integrated-Refinery-Expansion-Project

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