IHS Chemical Week

Chemical Week Magazine :: New Construction Projects

LG Chem to hold majority in India propylene JV with Bharat Petroleum

6:22 AM MDT | October 5, 2012

Bharat Petroleum Corp. Ltd. (BPCL; Mumbai) says it is willing to offer a majority stake in a previously announced propylene project at BPCL’s Kochi, India refinery to LG Chem, its partner in the project. BPCL signed a memorandum of understanding with LG Chem last July to develop a propylene production joint venture at a cost of Rs60 billion ($1.1 billion). LG Chem is seeking a 51% stake in the venture and BPCL is “open to that,” says S. Varadarajan, BPCL’s finance director. The jv company will be established by December or January, and the plant will be...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa