Nayara Energy Plans To Set Up Polypropylene Plant In Gujarat
Nayara Energy formerly known as Essar Oil is planning to set up a polypropylene plant with capacity of 450 Kilo Tonne Per Annum at its Vadinar refinery in Gujarat with an investment of 6,100 crore. The company plans to complete the Propylene Recovery Unit and the Polypropylene Plant along with the associated facilities by mid-2022. Nayara Energy already in the process of expanding Vadinar refinery by an additional 26 MTPA and new petrochemical complex with 10.75 MMTPA capacity. In retail business the company will add 2,600 fuel retail pumps to its existing retail outlets.