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Taiwan’s CPC to invest $6.6b in Paradip plant
Aug. 1, 2018

Taiwan’s CPC to invest $6.6b in Paradip plant

The Paradip petrochemical plant, operated by IOCL, has attracted an investment of $6.6 billion from Taiwan’s state-owned CPC Corporation. IOCL currently processes 300, 000 barrels a day in the Paradip refinery. The project will utilise the feedstock produced at the Paradip refinery for operations. The Indian Oil Minister met with a delegation led by CPC yesterday to finalise the deal.

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