Prime Minister Narendra Modi virtually has inaugurated Indian Oil’s acrylics/oxo-alcohol plant at Gujarat Refinery, Vadodara, developed with an investment of Rs 5,894 crore.
The advanced petrochemical complex includes an acrylic acid unit, butyl acrylate unit, n-butanol unit, and a revamped hydrogen generation unit. Designed to convert refinery byproduct propylene into high-value petrochemicals, the plant will significantly reduce India’s dependence on imports of these products. The key outputs—acrylic acid, butyl acrylate, and oxo-alcohols—are widely used in paints, plastics, coatings, adhesives, textiles, and various industrial and household applications.
According to IndianOil, indigenous production of these chemicals will empower MSMEs, boost downstream manufacturing, and strengthen India’s competitiveness in the global petrochemical sector. The project also created around 27 lakh man-days of employment during its construction, providing a strong boost to local and regional economies. The initiative underscores India’s commitment to self-reliance in petrochemicals and aligns with the country’s broader industrial growth strategy.