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BPCL set to commission Propylene Derivatives Petrochemical Project

11 Oct 2019 Evaluate

Bharat Petroleum Corporation (BPCL) is all set to commission its premier petrochemical venture called Propylene Derivatives Petrochemical Project (PDPP), which was set up at a cost of Rs 5,246 crore. The project will help Kochi Refinery to produce Acrylates, Acrylic Acid and Oxo-Acohol. Upon the project’s commissioning, the Kochi Refinery will become the first Indian refinery to produce niche petrochemicals that are being imported in large quantities.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

Peers
Company Name CMP
Reliance Industries 1163.55
Indian Oil Corpn. 130.00
Bharat PetroleumCorp 284.30
HPCL 339.50
MRPL 173.05
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