Maire Tecnimont bags EPC contract from Indian Oil for propylene plant
OIL & GAS

Maire Tecnimont bags EPC contract from Indian Oil for propylene plant

Maire Tecnimont's consortium of subsidiaries—Tecnimont S.p.A. and Tecnimont Private Limited, based in Mumbai, have received an Engineering, Procurement, Construction and Commissioning (EPCC) contract from Indian Oil Corporation Limited (Ltd) for developing a new polypropylene plant and related product logistics facilities.

The plant will be set up in Barauni, Bihar, in North-Eastern India. The total worth of the contract is nearly $170 million. The field of work includes Construction, Engineering, Procurement, and Commissioning activities up to the Performance Guarantees Test Run.

The new plant's capacity would be 200,000 tons annually, and the schedule of the plant is 30 months from the award date till the Mechanical Completion.

The plant will be part of IOCL’s Barauni Refinery capacity expansion project, which involves the installation of large grassroots units as well as revamps and updates to expand the capacity of the current units.

IOCL made the Barauni Refinery Expansion project a part of its plan to reach the increasing domestic demand for added-value products required to boost the manufacturing industry of the country.

Pierroberto Folgiero, Group Chief Executive Officer, Maire Tecnimont, told the media that it is their sixth strategic EPC contract with IOCL.

Folgiero said that they firmly commit to ensuring environmentally sound performing products and materials and processes.

Image Source


Also read: BPCL halts Kochi polyol plant ops

Also read: GAIL to expand into petrochemicals, specialty chemicals, renewables

Maire Tecnimont's consortium of subsidiaries—Tecnimont S.p.A. and Tecnimont Private Limited, based in Mumbai, have received an Engineering, Procurement, Construction and Commissioning (EPCC) contract from Indian Oil Corporation Limited (Ltd) for developing a new polypropylene plant and related product logistics facilities. The plant will be set up in Barauni, Bihar, in North-Eastern India. The total worth of the contract is nearly $170 million. The field of work includes Construction, Engineering, Procurement, and Commissioning activities up to the Performance Guarantees Test Run. The new plant's capacity would be 200,000 tons annually, and the schedule of the plant is 30 months from the award date till the Mechanical Completion. The plant will be part of IOCL’s Barauni Refinery capacity expansion project, which involves the installation of large grassroots units as well as revamps and updates to expand the capacity of the current units. IOCL made the Barauni Refinery Expansion project a part of its plan to reach the increasing domestic demand for added-value products required to boost the manufacturing industry of the country. Pierroberto Folgiero, Group Chief Executive Officer, Maire Tecnimont, told the media that it is their sixth strategic EPC contract with IOCL. Folgiero said that they firmly commit to ensuring environmentally sound performing products and materials and processes. Image Source Also read: BPCL halts Kochi polyol plant ops Also read: GAIL to expand into petrochemicals, specialty chemicals, renewables

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?