Related Keywords: entered into long term agreement, JBF Petrochemicals, JBF Petrochemicals use technology from BP, main raw material for production of PTA, Mangalore SEZ, period of ten years, process of commissioning PTA plant, step dow subsidiary of JBF Industries, supply of paraxylene, through a dedicated pipeline, with ONGC Mangalore Petrochemicals
JBF Petrochemicals a step down subsidiary of JBF Industries, who is one of the leading Polyester value chain company`s not only in India and abroad has entered into a Long Term Agreement for supply of Paraxylene, the main raw material for production of Purefied Terephthalic Acid (PTA) with ONGC Mangalore Petrochemicals (OMPL).
The agreement entails supply of Paraxylene by OMPL to JBF Petrochemicals for a period of 10 years, with provision of further increasing the period of supply by another 5 to 10 years by mutual consent.
