New Delhi: The Essar Group is planning an integrated petrochemical complex with its refinery expansion plans at Vadinar in Gujarat, according to company sources.
“We are planning an integrated petrochemical complex with our refinery expansion plans, which will have a big naphtha and off-gas cracker,” S Stalin, CEO, syngas business at Essar Group, told reporters at a gas conference.
Asked about the capacity of the new unit he said: “We are at an advanced stage of finalizing the proposal. In two to three months, we will have completed all formalities to push up capacities and select the technology for the proposed plan. The size will depend on the kind of crude we process and the products we are getting.”
Stalin did not give a timeframe for the petrochemical project. Essar runs a 210,000 barrel per day (bpd) refinery in Gujarat and has plans to raise the capacity to 680,000 bpd in 2010.