Petrochemical park in Kochi expected to be operational by yearend

Time of India

29-04-2025

Kochi: Petrochemical park project at Ambalamugal, which is the only major industrial project coming up in Kochi in decades, is set for completion by the yearend. Of the 25 plots allotted for setting up industrial units, construction of five units was completed.
As per deadline, Kinfra, nodal agency for the project, should complete the development of infrastructure and allocate land to industrial units by July 2024. "Now, works are progressing fast. Investment to the tune of hundreds of crores was pumped in by the firms which have agreed to start business. Govt will provide all infrastructure facilities like water, waste treatment, electricity, etc.," industries minister P Rajeeve said. "We expect that the park can be commissioned by the end of the year. Once fully operational, it is expected to generate 20,000 employment opportunities," he added.
A PVC pipe unit, a bitumen plant and a formaldehyde unit will soon begin operations from the park. Work on administrative block, internal roads and other facilities is nearing completion.
Drainages, water treatment plants, common sewage treatment plants, common effluent treatment plants, rainwater harvesting systems and solid waste management facilities for industrial units functioning from the park will be arranged as part of the Rs 128 crore infrastructure development for the project.
by Taboola
by Taboola
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State govt purchased 491 acres from Fertilizers and Chemicals Travancore Ltd (FACT) at Ambalamugal for the park. Kerala Infrastructure Investment Fund Board (KIIFB) allotted Rs 977 crore required for the purchase of land. Of the 491 acres, govt gave 170 acres for the proposed polyol project by BPCL Kochi Refinery. The petrochemical park project is coming up on the remaining land.
Propylene derivatives are the major raw materials required for units to come up in the petrochemical park. Propylene derivatives are the byproducts at the propylene derivative petrochemical project (PDPP) of Kochi Refinery at Ambalamugal, which was dedicated to nation by Prime Minister Narendra Modi in Feb 2021.
Units manufacturing adhesives, medicines, napkins, etc., will come up in the park. Industries which use propylene derivatives such as acrylates, oxo-alcohol and acrylic acid as raw materials will also be set up at the petrochemical park.