Indian Oil Corp ideas maintenance at its 300,000 barrels per day (bpd) Panipat refinery in northern India, which consists of a shutdown of a naphtha hydrocracker for about 80 times and 50 percent of its crude processing for about a month, sources said. The country’s best refiner will shut the naphtha cracker at its Panipat plant from Monday for a revamp aimed at elevating its ethylene output capability, the resources acquainted with the system explained. The cracker on a yearly basis consumes about 2.3 million tonnes of naphtha and provides 857,000 tonnes of ethylene. The refiner has previously shut some of the downstream polymer models linked to the cracker, stated the resources, who requested not to be named as they had been not authorised to speak to the media. The revamp is aimed at increasing the once-a-year ethylene creation capacity of the cracker by 13% to 970,000 tonnes, even though reducing output of polypropylene, they claimed. Point out-operate IOC also strategies to shut fifty percent of its 300,000-barrel-for every-working day (bpd) Panipat oil refinery for a thirty day period-prolonged maintenance from about Oct. 26, the sources claimed. Together with the 150,000-bpd crude distillation device (CDU), IOC will be shutting a hydrocracker, diesel desulphuriser and some other secondary models for upkeep, they said. IOC did not respond to Reuters’ request for remark. Post navigation Oil Plunges To Eight-Month Low On Strong Dollar, Recession Fears India Set To Skip Buying Russia’s ESPO Crude In Sept As Freight Costs Jump