$740m Petrochem Investment

$740m Petrochem Investment$740m Petrochem Investment

India's Bharat Petroleum Corp (BPCL) on Wednesday said it will invest 741.44 million to diversify into the petrochemicals business, Reuters reported.  The state-owned company will produce niche petrochemical products, that are predominantly imported into the country, at its Kochi refinery using propylene that will be available once the ongoing refinery expansion is completed.