IndianOil to set up Maleic Anhydride Plant at Panipat

IndianOil Board is setting up India’s first mega-scale Maleic Anhydride Plant to manufacture value-added chemical products at its Panipat Refinery and Petroleum Complex (PRPC). The project with CAPEX of Rs 3681 crore will be commissioned in 54 months from stage 1 investment approval. The project is proposed to have a capacity of 120 KTA (Kilo Tonnes per Annum) of Maleic Anhydride (MAH) that is used to make specialty products like polyester resins and surface coatings plasticizers, agrochemicals, and lubricant additives. The plant will also manufacture 20 KTA of 1,4-Butanediol (BDO) that finds applications in Poly Urethanes (PU), Poly Butylene Terephthalates (PBT) – an engineering-grade plastic, and biodegradable fibres. Another value-added chemical, 16 KTA of Tetra Hydro Furan (THF), will also be produced from this plant to accelerate the growth of the pharmaceutical industry. THF is also widely used in adhesives and vinyl films. 
The ongoing expansion of the Panipat Refinery (envisaging capacity expansion of the refinery from 15 MMTPA to 25 MMTPA) and the implementation of petrochemical and other specialized units will make this Refinery one of the most advanced and integrated refinery and petrochemical complexes in Asia, with a complexity index of over 15. The expansion blueprint includes units like Indmax for deriving maximum value from the petrochemical molecule, Polypropylene unit, and a Lube complex for producing lube oil base stock apart from other refinery units. The existing Olefinic and Aromatic complex shall also be expanded along with the implementation of grass-root specialty petrochemical units like the Styrene unit and the just-approved Maleic Anhydride Unit.
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