Propylene Derivative Petrochemical Project

About the project:

  • The Bharat Petroleum Corporation Limited(BPCL) project is launched by the PM in the state of Kerala, in Kochi.
  • This is an expansion of the refinery.

Aim:

  • To help the country between ₹3,700 crores and ₹4,000 crores yearly in foreign exchange as the facility will set up the production of acrylates, acrylic acid, and oxo alcohol.
  • It also aims to match the standard of Euro-IV/VI compliant auto-fuel, which is meeting the heightened demand for cleaner fuel in the country.
  • As per the PM, the project will be a boost for the Atma Nirbhar Bharat and will create employment opportunities.

Advantages of using Propylene:

  • It doesn’t have any toxic effects.
  • Chemo Biokinetic studies show that propylene is removed promptly through the lungs with no chemical alterations.
  • It does not change the color or transparency of water, which is why it can be environmental-friendly as well.

(The Hindu)

Download Link - Daily Current Affairs 15th February 2021