December 03, 2008

Bharat Oman to set up petrochemical unit at Bina

BS reported that Bharat Oman Refinery Limited, a 50:50 JV between Bharat Petroleum Corporation Limited and Oman Oil Company, will construct a petrochemical plant near its upcoming 6 million tonnes per annum crude oil refinery at Bina in Madhya Pradesh.

The report cited a BORL executive said that "Once the refinery begins operation in January 2010, the petrochemical unit will follow."

BORL is reported to have approached the Madhya Pradesh government, seeking 1,000 acres of land to construct the petrochemical unit.