State-owned Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will invest Rs 5,044 crore in setting up a polypropylene production unit at its Kochi refinery in Kerala to meet rising petrochemical demand in the country.
The 400,000 tonnes per annum polypropylene unit will be constructed in about 46 months from the date of the investment approval, the company said in a statement.
Polypropylene has wide applications in downstream industries such as packaging films, sheet, boxes, containers, bags, home ware, home care, personal care, and articles of day-to-day usage.