Plan for logistics park at petrochem facility
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Minister issues letters of allotment to 17 units
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Chief Minister Pinarayi Vijayan speaking at the foundation stone laying ceremony for the petrochemicals park at Ambalamugal in Kochi through videoconferencing on Tuesday.
Minister issues letters of allotment to 17 units The array of industrial units coming up at the petrochemicals park here, for which Chief Minister Pinarayi Vijayan laid the foundation on Tuesday, includes a logistics park, neopentyl glycol plant, PVC pipe-making and PVC foam units, besides a sulphur processing facility.
The petrochemicals park is coming up on 229 acres, acquired from the public sector Fertilizers and Chemicals Travancore (FACT) at Ambalamugal, close to BPCL’s Kochi refinery.
CM to lay foundation for petrochemicals park today
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Park to utilise raw materials from BPCL Kochi Refinery
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Park to utilise raw materials from BPCL Kochi Refinery Chief Minister Pinarayi Vijayan will lay the foundation for the long-pending petrochemicals park here on Tuesday. Industries Minister E.P. Jayarajan will preside over the event, according to a press release from the minister’s office.
The petrochemicals park will utilise raw materials from the expanded facility of the Bharat Petroleum Corporation’s Kochi Refinery. The park is being set up under the supervision of Kerala Industrial Infrastructure Development Corporation (Kinfra).
Meet held on Thrikkakara drinking water crisis
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K. Krishnankutty
Water Resources Minister K. Krishnankutty has asked Kerala Water Authority technical member G. Sreekumar to immediately submit a report on the feasibility of using water from the storage facility of Fertilisers and Chemicals Travancore (FACT) at Ambalamedu to resolve the drinking water crisis in the Thrikkakara Assembly constituency.
Water storage
According to information made available by P.T. Thomas, MLA, Thrikkakara, a meeting to address the drinking water issue also decided to ask the Ernakulam district administration or the municipality to make available sufficient land for the construction of two water tanks for storage of as much as 50 lakh litres of water.
Shares of agri-related companies, including agrochemicals and fertilisers, were in focus as demand for the procurement of fertilizers has been promising due to surplus reservoirs levels, record-high Kharif crop sowing and plentiful rainfall during the monsoon season. Among individual stocks, Fertilizers & Chemicals Travancore (FACT) and Madras Fertilizers were locked at 20 per cent upper circuit limits at Rs 76.05 and Rs 25.65, respectively. These stocks are also quoting at their 52-week high levels. That apart, Southern Petrochemicals, Zuari Global, Deepak Fertilisers & Petrochemicals Corporation and Rashtriya Chemicals & Fertilisers (RCF) from the fertilizers sector rallied up to 12 per cent on the BSE. PI Industries, UPL and Rallies India from the agrochemicals sector jumped between 4 per cent and 6 per cent on the BSE. In comparison, the S&P BSE Sensex was up 1 per cent at 48,575 at 01:14 pm.
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The city has access to piped gas through the Dhabol-Bengaluru gas pipeline and is now supplying gas to 25,000 households, he said at the launch of the Kochi-Mangaluru natural gas pipeline project. The Centre approved the Gail project to supply gas from Kochi LNG terminal to Mangaluru and Bengaluru in 2010 but till 2016, only 48 km was completed. The project was revived in 2016.
Bengaluru: Karnataka chief minister BS Yediyurappa on Tuesday said about 2.8 lakh households in Bengaluru had so far opted for piped cooking gas connection. Authorities have developed infrastructure to connect 1.68 lakh households with piped gas in Bengaluru, he said.
The city has access to piped gas through the Dhabol-Bengaluru gas pipeline and is now supplying gas to 25,000 households, he said at the launch of the Kochi-Mangaluru natural gas pipeline project. Karnataka governor VR Vala and Yediyurappa, and Kerala governor Arif Mohammad Khan and CM Pinarayi Vijayan participated in the virtual la