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Mangalore Refinery and Petrochemicals Ltd (MRPL) has outlined its strategy of strategic investments in petrochemicals to adapt to long-term industry shifts. Transitioning towards an integrated refinery with 25-30% petrochemical intensity would necessitate an investment two to three times higher than that required for a conventional refinery. The company’s current petrochemical intensity stands at 10%, as highlighted in its annual report. MRPL intends to make carefully planned investments in petrochemicals to align with long-term industry trends, all while ensuring the continued relevance and sustainability of its existing assets.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th August 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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