State-owned Indian Oil Corp (IOC) will set up India's first mega-scale Maleic Anhydride Plant at its Panipat refinery and petroleum complex (PRPC) in Haryana.
This is to manufacture value-added chemical products.
The project is proposed to have a capacity of 120,000 tonnes per annum of Maleic Anhydride (MAH).
This would be used to make speciality products like polyester resins and surface coatings plasticisers, agrochemicals and lubricant additives.