BPCL’s Project Delay to Offset Supply Recovery of Oxo-Alcohols in India

BPCL’s Project Delay to Offset Supply Recovery of Oxo-Alcohols in India

  • 17-Aug-2020 11:00 AM
  • Journalist: Timothy Greene

Bharat Petrochemical Corporation Limited (BPCL), India’s renowned state-controlled oil and gas company, has announced an indefinite delay in two of its petrochemical projects in Kochi due to extended international travel restrictions. The project with production facilities of 212 KTPA of Oxo-Alcohols and Acrylates and 160 KTPA of Acrylic Acid was scheduled to be commissioned in 2019 October but was postponed due to unforeseen circumstances to April- September 2020. As for the commissioning, the presence of technology licensor from Europe is mandatory, BPCL is unable to take commencement forward till August 31 and has further delayed it due to strict travel restrictions. The company stated that it can take up to 3 months from the start of international travel for commissioning. As India is currently facing supply shortage of Oxo Alcohols due to maintenance turnarounds at several plants in east Asia, further delay in BPCL Kochi Project is a hard hit on the already struggling demand and supply fundamentals of the product.

Related News

Japanese 2-EH Market Stabilises Entering July 2024 Amidst Limited Demand
  • 09-Jul-2024 5:16 PM
  • Journalist: Timothy Greene
US 2-EH Market Diverges in Late June 2024, in Lieu of Subdued Demand Conditions
  • 01-Jul-2024 5:06 PM
  • Journalist: Peter Schmidt
Technip Energies and Mitsubishi to License Enhanced OXO Alcohol Technology 'OXO M-Process
  • 12-Jun-2024 12:52 PM
  • Journalist: Motoki Sasaki
US 2-Ethylhexanol Price Hikes in April 2024, Takes Support from Price Revisions by Producers
  • 02-May-2024 5:48 PM
  • Journalist: Harold Finch