Related Keywords: ONGC, paraxylene plant
The new aromatics plant by state-owned Oil and Natural Gas Corp which is designed to produce 900,000 mt/year of paraxylene and 270,000 mt/year of benzene in Mangalore has put back startup to the third quarter of 2014, it was earlier schedule in March, sources close to the company said Wednesday.
ONGC had initially planned to start commercial operations in April 2013, but this was pushed back several times due to delays in construction.
Other than ONGC, several new PX plants across the region have also recently pushed back their startup dates to later this year