This story is from March 31, 2021

Tamilnadu Petroproducts to invest Rs 435 cr for expansion

Tamilnadu Petroproducts to invest Rs 435 cr for expansion
Chennai: Tamilnadu Petroproducts Limited (TPL), on Tuesday announced an expansion plan for Linear Alkyl Benzene (LAB) division, revamping caustic soda facilities and set up a Propylene Recovery Unit (PRU), with an investment of Rs 435 crore.
Under the LAB capacity, it would be increased from 1,20,000 TPA to 1,45,000 tonnes per annum (TPA) at an estimated investment of about Rs 240 crore.
The project would be commissioned in about 24 months, post regulatory approvals. About Rs 165 crore worth investment will go into modernising the caustic soda and chlorine unit by replacing the mono-polar membrane technology with a more advanced world-class bipolar membrane technology.The production capacity for Caustic Soda is expected to go up to 250 tonnes per day from the current 150 tonnes.
Ashwin Muthiah, vice-chairman, TPL said, “TPL will be the first Indian non-refining company in the private sector to build a propylene recovery unit plant. It shows our commitment to bring manufacturing efficiencies by continuous upgrading and introducing state-of-art technology solutions.” The Propylene Recovery Unit (PRU) would involve an outlay of about Rs 30 crore, the company statement said. This will be set up in the same PO manufacturing complex, saving significant trucking and energy costs.
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