Indian Oil Corporation’s (IOC) Board has given its nod to set up India’s first mega-scale Maleic Anhydride Plant to manufacture value-added chemical products at its Panipat Refinery and Petroleum Complex.
- The project is proposed to have a capacity of 120 KTA (kilo tonnes per annum) of Maleic Anhydride (MAH).
- Maleic Anhydride (MAH) is used to make speciality products like polyester resins and surface coatings plasticisers, agrochemicals and lubricant additives.
- The Panipat unit will also manufacture 20 KTA of 1,4-Butanediol (BDO) that finds applications in poly urethanes (PU) and poly butylene terephthalates (PBT) — an engineering-grade plastic and biodegradable fibre.
- Tetra hydro furan (THF) —widely used in adhesives and vinyl films, will also be produced from this plant to accelerate the growth of the pharmaceutical industry.
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