INDIAN RAYON Joint-Promoter for Mangalore Refinery INDIAN RAYON AND INDUSTRIES, formerly Indian Rayon Corporation, has been chosen by the government as a joint promoter of the Rs 1,050 crore Mangalore refinery project, which is slated to have a refining capacity of 3 million tonnes of crude per annum, to produce LPG (saturated and unsaturated) naphtha, motor gasoline, distillates such as HSD, kerosene, ATE, fuel-oil, bitumen, sulphur, fuel-gas etc The project will also have a naphtha cracking facility to produce ethylene, propylene, butadine and other related products. The project is being promoted jointly with Hindustan Petroleum Corporation A memorandum of understanding to this effect has already been signed. Indian Rayon is also pursuing an application for grant of industrial licences to manufacture acrylic fibre and photo and X-ray films A letter of intent has been received for expanding capacity of the grey cement plant at Malkhed from 5.4 lakh tonnes to 10 8 lakh tonnes per annum.
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.