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Nayara Energy makes progress on petrochemicals project

Wednesday, 28 Dec 2022
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Nayara Energy is planning to set up a 450 ktpa polypropylene plant at its Vadinar refinery in Gujarat, a propylene recovery unit along with upgrades to the existing FCC unit (fluidized catalytic cracking unit) and a polypropylene unit (PPU), in Phase I.

The company has achieved 85% progress in project development and expects production of its first petrochemical product i.e. polypropylene by Q4/FY23.

The project development is on track and the company would enter into the petrochemicals sector shortly.

The majority of the work on the company's propylene recovery unit is finished, and pre-commissioning activities are anticipated to start in February 2023.

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