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Petrochemical push: Big opportunity ahead for equipment and service providers
Nov 02: An Oil Marketing Company is looking at the possibility of setting up an Ethylene derivative complex to produce high value polymers and petrochemicals such as EVA/LDPE, EPDM, PVC, Styrene, MEG by using spare capacity being produced by a grass root refinery
8While a significant quantum of feedstock is to be produced inhouse, the balance will be purchased from outside
8The website carries here an investment study covering project configuration, project description, execution schedule, cost estimate and financial analysis.
8Business development managers of equipment suppliers as well as feedstock suppliers and logistic suppliers must get hold of this study to look for future opportunities.
8Discussions have already been held with key technology suppliers to arrive at configuration matrices and rough cost estimates.
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