Page 20 - Plastics News July 2019

CompANy News

MRPL restarts operations announces setting up desalination plant

angalore Refinery and Petrochemicals Ltd (MRPL) has and is planning to expand its retail presence by opening
Mrestarted its operations at the refinery following the 257 outlets in Karnataka and Kerala in the next two years.
resumption in water supply to it. The water supply to the
refinery has been resumed in stages from June 6, and the
refinery units have been restarted sequentially. In May, CP Chem to construct an $8
billion ethylene crackerin US
gulf coast

hevron Phillips Chemical Co. LLP is signaling plans
Cwith the Qatari government to construct a $8 billion
ethylene cracker and polyethylene facility in the U.S.
Gulf Coast region. CP Chem will own 51 percent of the
new location with Qatar Petroleum owning the remaining
49 percent. While the two sides signed an agreement to
pursue the project at the White House July 9 in front
MRPL had announced a partial shut-down of the refinery of both U.S. President Donald Trump and Qatar Emir
complex.The company, MRPL has also announced to set Tamim bin Hamad al-Thani, a final investment decision
up a permanent desalination plant to produce industrial still must be made by the end of 2021. If the project
quality fresh water, the company managing director does move forward, production is expected to begin in
M Venkatesh has said. The proposed 70 MLD (million 2024. The latest project continues what the partners
litres per day) plant at Tannirbhavi is expected to be describe as a close partnership between CP Chem and
commissioned by the end of next year, he told reporters the national petroleum company. Just last month, the
on July 6. MRPL will avoid a crisis during next summer by two sides also unveiled plans for a new petrochemical
deploying a portable desalination plant.The global market complex in Ras Laffan Industrial City in Qatar to
has favourably responded to MRPLs requirement for produce ethylene and HDPE. Qatar Petroleum will own
portable plant which can produce 3 MGD (million gallons 70 percent of that joint venture and CP Chemical will
per day) of water, he said. MRPL had to shut down two of own 30 percent.
its three units during the water scarcity in the region this Pr o ductio n is
summer. Chennai-based Indian multinational company VA expected to begin
in late 2025. The
Tech Wabag Limited has bagged the Rs 620 crore contract companies also
for the permanent plant. The company will also operate have existing
and maintain the plant for ten years. The project received ope ra t ion s in
environment clearance from Union Environment Ministry Qatar called Qatar
on April 18. Venkatesh said MRPL's attempt is to keep Chemical Co. Ltd.,
consumption of fresh water to the minimum and will Qatar Chemical Co. II Ltd., and Ras Laffan Olefins Co.
receive more sewage and in-house treated water from the Qatar Petroleum CEO Saad Sherida al-Kaabi said, in a
city with the co-operation of Mangaluru city Corporation statement, the new agreement will "further cement the
and Mangalore special economic zone. The company had strong partnership between our two companies and ...
worked closely with other PSU oil companies this summer complement Qatar Petroleum's international portfolio
to ensure uninterrupted and continuous supply of fuel in the United States, which is a core growth area for
to Dakshina Kannada and hinterland, he said. MRPL had us as we believe it has great prospects and growth
registered a turnover of Rs 72,283 crore and profit after tax opportunities." At its peak, the construction project is
of Rs 332 crore in the year 2018-19, he said. The company expected to employ 9,000 workers. The facility, once
opened a new retail outlet at Gubbi in Tumakuru last year operational, is expected to have about 600 employees.

Plastics News July 2019 20