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GAIL India and Petron Scientech sign MoU for 500 KTA bio-ethylene plant joint venture on Aug 21, 2024.
GAIL (India) Ltd and Petron Scientech Inc. signed an MoU on Aug 21, 2024, to explore a 500 KTA bio-ethylene plant in India, based on bioethanol, as a 50:50 joint venture.
They'll conduct feasibility studies before seeking investment approval.
The partnership aims to drive tech advancements, economic growth, and environmental sustainability in India.
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GAIL India y Petron Scientech firman el memorando de entendimiento para la empresa conjunta de 500 KTA de planta de bioetileno el 21 de agosto de 2024.