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Nayara Energy to Pump USD 850 Mn to Build Petrochemical Plant

Nayara Energy will make investment to the tune of USD 850 million to expand into petrochemical. It plans to set up 4, 50,000 tpa polypropylene plant.

The company has licensed technology from WR Grace & Company to produce broad range of phthalate-free products from its 4,00,000 barrel per day refinery in western Gujarat state.

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