Mangalore Refinery and Petrochemicals Ltd has begun production of polypropylene from its new 440,000 tons a year unit.
Polypropylene is a versatile polymer used for making a variety of plastics end-use products - from packaging and labelling material to textiles, stationery, plastic parts and reusable containers.
MRPL, a unit of state-owned Oil and Natural Gas Corp, has "successfully started commercial production of polypropylene from its 4,40,000 tons per annum Polypropylene Unit (PPU) at Mangaluru," the company said in a statement.
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The unit, which was constructed as part of the Phase-III expansion that took the refining capacity to 15 million tons per annum, is backed by four Warehouses with capacity for 21 days cover and a fully Automated Pellet Bagging System.
MRPL Managing Director H Kumar said: "Commercial production of polypropylene, which is a value-added product, marks MRPL's foray into petrochemicals. This will be a new revenue stream for MRPL and will also deliver value to the stakeholders."
The company is setting up a Linear Alkyl Benzene (LAB) Plant for producing raw materials to manufacture detergent and is also looking expanding its refining capacity to 18/21 million tons per annum in next 6 years at an estimated investment of Rs 8,500 crore.
It is studying techno-economic viability of the project and availability of required infrastructure at Mangalore.