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Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

OPAL Project in India Delayed to 2013

2:50 AM MST | March 9, 2011 | Natasha Alperowicz

Completion of ONGC Petro-Additions' (Opal; Mumbai) multi-billion dollar project has been delayed, CW has learned. Senior executives at Opal tell CW that the $3.1 billion joint venture project between ONGC, Gail and Gujarat State Petroleum Corp.will come onstream in the second quarter of of 2013, instead of the previously planned end of 2012. It has taken longer than expected for Opal to award contracts for the integrated petchems complex, the sources say. Opal is building the complex at the Petroleum, Chemical and Petrochemical Investment Region in the Dahej...

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