Nayara Energy to starts its polypropylene plant in 2024's first half
Indo-Russian Oil Refining and Marketing company Nayara Energy said it will start operations of a new polypropylene plant in the first half of next year. This comes as wide applications in segments like packaging, automotive applications, consumer durables, and lifestyle products, the demand for polypropylene (PP) is projected to rise.
Further, the firm is on track to enter the petrochemicals sector with its upcoming 4,50,000 tonnes per annum polypropylene plant expected to be commercially operational during H1 2024.