MUMBAI (Commodity Online): India’s leading engineering solutions provider, Larsen & Toubro Ltd (BOM:500510) has won an order to set up an Aromatics Complex at the Mangalore SEZ for ONGC’s subsidiary, ONGC Mangalore Petrochemicals Ltd (OMPL).

In a filing with the Bombay Stock Exchange (BSE) the company has stated that it has secured a major order valued at Rs.2035 crore from OMPL for an Aromatics Complex, which is to be set up at the Mangalore SEZ.

The complex would produce Aromatic products namely, Paraxylene & Benzene as well as other by products like Hydrogene, Heavy Aromatics and LPG, starting from Naptha as a raw material, the company statement said.



The project involves nine process units including Naptha Hydro-Treating Unit, Continuous Catalytic Regeneration & Platforming Unit, Parex Unit, ISOMAR Unit etc. The project shall be executed as an EPC contract and is expected to be ready for commissioning by December 2012. It demonstrates L&T’s integrated capabilities in executing critical process plants for Petrochemical sector, the release said.

For the project, OMPL would utilize the world renowned technology of UOP – USA, as a Licensor. The scope of work includes residual basic design, detailed engineering, procurement, fabrication, Construction, Installation, pre-commissioning, testing, commissioning and performance test run.

The order, bagged by L&T’s Hydrocarbon Mid & Downstream Business group of Engineering & Construction Division against competition from global EPC companies is the single largest Paraxylene Unit being put up in India.

However, the company stocks remained low on the Bombay Stock Exchange (BSE) at Rs.1552.70 down by close to 1%. Meanwhile, the key benchmark index, Sensex remained under pressure at 17,089 points in the morning trading hours on Monday.

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