Status: Planning Stage
Promoter: Indian Oil Corporation
Project: Plans an ethylene derivative plant
Location: at Paradip refinery complex, dist. Jagatsinghpur, Orissa.
Project Cost: The estimated cost of the project is Rs. 40 billion.
Project Details: The plant will provide products that will facilitate manufacturing of polyester chips, fibers, PET bottles, PET chips, polyester yarn etc.
Current Status: The corporation is evaluating the feasibility for setting up the plant.