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Market Brief

India's Refiners to Add $106 Million in Nitrogen Facilities through 2025, an Industrial Info Market Brief

Many of India's refiners are preparing to develop nitrogen facilities at their refineries over the next five years

Released Monday, July 20, 2020

India's Refiners to Add $106 Million in Nitrogen Facilities through 2025, an Industrial Info Market Brief

Many of India's refiners are preparing to develop nitrogen facilities at their refineries over the next five years.

Hindustan Petroleum Corporation Limited (HPCL) is planning nitrogen unit additions, each valued at $34 million, at three of its facilities, while Indian Oil Corporation Limited (IOCL) is preparing to invest $32.6 million in four nitrogen unit additions at four separate refineries.

Click here for a full list of related projects, and see graph below for a breakdown by company.

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