KINFRA, BPCL ink pact for petrochemical park in Kochi
The Hindu
Kerala Industrial Infrastructure Development Corporation (KINFRA) and Bharat Petroleum Corporation Ltd. - Kochi Refinery signed a memorandum of understanding (MoU) on Friday as part of the establishme
Kerala Industrial Infrastructure Development Corporation (KINFRA) and Bharat Petroleum Corporation Ltd. - Kochi Refinery signed a memorandum of understanding (MoU) on Friday as part of the establishment of a petrochemical park on 482 acres at Ambalamedu here by 2024.
The agreement was signed in Thiruvananthapuram between Santhosh Koshy Thomas, managing director, KINFRA, and Subikash Jena, executive director (marketing), BPCL, in the presence of P. Rajeeve, Minister for Industries.
The project aims to develop a cluster of micro, small and medium enterprises (MSMEs) that use the propylene derivative by-products of BPCL - Kochi Refinery as raw material to manufacture consumer products, according to a release.
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