IOCL To Organise Petrochemical Investors Conclave In Odisha

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(PTI)

Indian Oil Corporation Ltd will organise a conclave here on Thursday, with an aim to provide a platform for young investors to interact with business leaders of the petrochemical industry, government functionaries and financial institutions.

Union Minister for Chemicals and Fertilisers Ananth Kumar and Union Minister of PNG Dharmendra Pradhan are scheduled to address the conclave titled ‘Purvodaya- The Dawn of New Investment Opportunities in Eastern India’.

“The conclave aims to highlight the emerging investment opportunities in the petrochemicals sector in Eastern India and help catalyse investment in downstream plastic parks and textile parks proposed to be developed in this part of the country,” Pritish Bharat, CGM, IOCL Odisha State Office, said.

Meanwhile, a new polypropylene unit of 700 KTA (kilo tonne per annum) capacity is under construction at Paradip Refinery to support the plastic industry, said Sujoy Choudhury, CGM, Petrochemical Marketing.

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