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L&T and Toyo Engineering bag order worth Rs.2,600 crore

Tuesday, 30 May 2006
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Larsen & Toubro and Toyo Engineering consortium bagged an order worth Rs.2,600 crore from Indian Oil Corpn. for project management, engineering, procurement, construction of naphtha cracker and associated units at Panipat Petrochemical complex in Haryana.

Toyo will undertake work for the cracker plant section on EPC basis and overall project management while L&T will undertake work for cracker heaters and associated units, namely C4 hydrogeneration, pyrolysis gasoline hydrogeneration and benzene extraction units on EPC basis.

IOCL will process naphtha from its Panipat, Mathura and Gujarat refineries to produce ethylene, propylene and benzene at the proposed naphtha cracker.

Also see:

Contracts for IOC's Haryana petrochem complex soon (3-May-06)

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