Trade Resources Company News IG Petrochemicals,Now Plans to Complete The Expansion of Its PA Plant at Taloja

IG Petrochemicals,Now Plans to Complete The Expansion of Its PA Plant at Taloja

India's largest phthalic anhydride producer, IG Petrochemicals, now plans to complete the expansion of its PA plant at Taloja by mid-2013, a year later than initially scheduled, a company source said Monday.

The reason for the delay is not known.

When completed, the plant, located near Mumbai in the state of Maharashtra, will have a capacity of 160,000 mt/year, from 110,000 mt/year previously.

Market sources estimate that demand for PA in India is about 300,000 mt/year, more than 90% of which is met by domestic producers.

The other PA producers in India are Thirumalai Chemicals, which has a 140,000 mt/year plant at Ranipet near Chennai; and Mysore Petrochemicals, a sister company of IG Petrochemicals, which has a 12,000 mt/year plant at Raichur in the southern state of Karnataka.

Source: http://news.chemnet.com/Chemical-News/detail-1817775.html
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India's IG Delays Completion of PA Plant Expansion to Mid-2013
Topics: Chemicals