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Indian Oil Corp delays start up of new PX plant

by ChemOrbis Editorial Team -
  • 11/03/2015 (11:21)
According to market sources, the Indian Oil Corporation (IOC) has delayed the start up of its new PX plant in Gujarat from 2015 to 2017-2018. The company reportedly attributed their decision to an expectation that demand will not be strong enough to support additional PX production over the next few years.

The plant will have a production capacity of 400,000 tons/year.
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