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Rotterdam, January 28, 2025 – LyondellBasell (LYB), the world's largest licensor of polyolefin technologies, today announced that Indian Oil Corporation Ltd. (IOCL) has selected its Hostalen Advanced Cascade Process (Hostalen ACP) technology for a new 500 kiloton per year (kta) high-density polyethylene (HDPE) facility in Paradip, India. The new HDPE plant will be integrated into IOCL's Paradip complex, one of India's largest integrated refinery-petrochemical complexes. Located on the eastern coast of India in the state of Odisha, the Paradip facility plays a strategic role in serving the growing polymer market in the Indian subcontinent. The complex, which includes a 15 million tonnes per year refinery, will benefit from the addition of this state-of-the-art HDPE unit to its existing petrochemical operations. |
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The description of the IOCL Paradid Refinery has been updated. |