CPCL Expands Manali Refinery Capacity Amid Petrochemical Demand Surge
India's Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil Corporation, plans to increase the crude oil refining capacity at its Manali refinery by one-third. The current capacity is 210,000 barrels per day (bpd) and will be expanded to 280,000 bpd under CPCL's plan.
The expansion does not have a set timeline and will focus on producing fuels, lubricants, waxes, and petrochemicals. This move aligns with the Indian government's efforts to boost energy investments in the country.
CPCL has also shifted its plans for the Cauvery Basin Refinery (CBR) from a refinery to a petrochemicals complex due to soaring domestic and global demand for petrochemicals and specialty chemicals. The project, now prioritized as a petrochemical site, will enhance petrochemical intensity.