PlantsSSESSMENTS: Indian Oil Corporation Ltd (IOCL) Shuts PP Plant For Maintenance

Market sources informed SSESSMENTS.COM that Indian Oil Corporation Ltd (IOCL) has shut its PP plant in Paradip for maintenance purposes. According to the sources, the PP plant was shut last weekend, July 25-26 and will remain under maintenance shutdown for about two weeks. Located in Paradip, Odisha, India, the company has two PP lines with a production capacity of 340,000 tons/year each.