MoneyWorks4Me

Andhra Petrochemicals plant shuts down due to non-availability of raw material

05 Sep 2013 Evaluate

Andhra Petrochemicals’ plant located at Visakhapatnam has been shut-down from September 04, 2013 due to non-supply of major raw material Propylene from its supplier Hindustan Petroleum Corporation (HPCL). This shut-down is expected to continue for another period of 10 to 15 days.

Andhra Petrochemicals was established with a capacity to produce 30,000 MTPA of Oxo Alcohols at Visakhapatnam, Andhra Pradesh. The Plant has recently undergone an Optimization & Modernization Scheme to increase the capacity to 73,000 MTPA.

Peers
Company Name CMP
Godrej Industries 1019.15
SRF 2424.20
BASF India 3315.00
Pidilite Inds. 1480.80
Tata Chemicals 634.65
View more..