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IOC, CPCL’s New Refinery to Boost Economic Growth in Tamil Nadu

The 9 MMPTA refinery project, jointly executed by Indian Oil Corporation (IOC) and Chennai Petroleum Corporation Limited (CPCL), is expected to attract large and small scale petrochemical manufacturers in Nagapattinam, Tamil Nadu, and will boost economic growth in the region.


The Nagapattinam region will become a major hub for petrochemical manufacturing industries in the southern part of the country once the oil refinery is operational, said H Shankar, Director (technical) of CPCL.


“Some are in touch with joint venture agreements for manufacturing petro chemicals. Companies are also approaching Tamil Nadu Guidance Bureau (under Industries Department) inquiring about potential feeds available. We are organizing a joint meeting with the industries shortly,” he said.


With Mangalore Refinery and Petrochemical Limited (MRPL), the only supplier of polypropylene, there is a significant demand for polypropylene and other petro chemical base materials in the southern part of the country, which are now purchased from Gujarat and in Panipat, Haryana.


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