Home > Investment Sectors > Minerals
Investor's perception
"When we came to Karnataka, our decision was largely based on the ability to find skilled manpower. Karnataka is quite unique .... "
Mr. Baba Kalyani
Chairman & Managing Director, Bharat Forge Ltd.
Featured Industries
Set a Reminder
Click here to sync
to your Calendar
* - Mandatory Fields
Chemicals & Petrochemicals
- Karnataka is positioning as major growth centre for chemical industry with presence of 500 companies with leading players like MRPL, BASF, Mangalore chemicals and fertilisers, United Phosphorus...
- Attracting large R&D Centres for Chemicals/Petrochemicals including planned centre of SABIC.
- Mangalore in Karnataka is evolving as the epicentre of chemical and petrochemical industries in the state.
- Mangalore Refinery and Petrochemicals Limited (MRPL) the state's leading player, and public sector refinery is undergoing major expansion from current 9 mln tons to 15 mln tons refinery capacity.
- Mangalore SEZ (MSEZ) is a notified SEZ offering vibrant infrastructure for petrochemical /chemical centric industries
- Major investments underway in MSEZ including Large Aromatic complex (OMPL) and a1.2 mln ton PTA and 0.5 mln ton PET Resin plant by JBF Industries.
- MRPL making forays into petrochemical sector by investing into 0.4 mln ton Polypropylene unit next to the SEZ.
- Large infrastructure under development for promoting Petrochemical industry.
- Pipelines projects: 6 lines from refinery to coastal terminal at New Mangalore Port, with 362-km Petronet pipeline between Mangalore and Bangalore transporting 76,806 kls of Naphtha, Petrol, Kerosene, ATF, Diesel, GAIL Kochi-Kanjira Kode-Bangalore-Mangalore pipeline project for Natural gas supply of16 MMSCMD under implementation.
- Planned infrastructure in MSEZ for supporting industries-Water, Power, Dedicated pipeline and Road connectivity to Port, CETP, proposed facilities like Bulk tank farm and warehouses, central utilities facility, integrated township etc. and seamless connectivity to domestic markets through roads and rail terminals.
- Possible large availability of feedstock from refinery and Aromatic complex for development and promotion of intermediate and downstream industries in the state- Para Xylene, Benzene, Butane, Propane, Light Naphtha, FCC LPG, Propylene, PET Coke, Heavy Aromatics etc
- The SEZ offers single point clearances, 100% FDI approvals for most projects and several duty and tax incentives/exemptions for all units operating out of SEZ
- Project Proposition: Industries based on Benzene , Para Xylene, Syn. gas , C3 and C4 feedstock and duty free imported feedstock
- Project Location: Mangalore in Dakshina Kannada
- Investment Potential: INR 60,000 Crores ($ 12 bln)
For more info reach out to mangaloresez.com
