The project concerns the construction of a new aromatics complex that will include a 400 000 tonnes per year para-xylene (PX) plant, to be located at the promoter’s existing site, integrated with refining operations, and a 600 000 tonnes per year teraphthalic acid plant (PTA) to be located at a chemical site owned by a promoter’s subsidiary.
Objectives
Improving the margin of the integrated refining operations upstream, while expanding the promoter’s position in petrochemicals.
Comments
Sector(s)
Industry
Proposed EIB finance (Approximate amount)
EUR 300 million.
Total cost (Approximate amount)
EIB will finance up to 50% of the project cost.
Environmental aspects
Full EIAs are being carried out in conformity with the requirements of the EIA directive. (link to NTS (non technical summary) will be added).
Procurement
Procurement procedures followed and applicability of EU public procurement legislation will be verified during the appraisal.
Status
Signed
-
21/12/2007.
Related Documents
11-12-2007 - Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) PL
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