Mangalore Refinery and Petrochemicals Launches 40 TMT Toluene Facility

Mangalore Refinery and Petrochemicals Limited (MRPL) has announced the launch of its Toluene production facility during a visit by the Hon’ble Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri, to its refinery. This milestone aligns with India’s vision of self-reliance and global competitiveness in the petrochemical sector.

Significant Contribution to Domestic Toluene Production

With an annual production capacity of 40 TMT, MRPL’s Toluene facility marks a substantial step toward reducing India’s dependency on imports. Currently, the domestic production of Toluene stands at 160 TMT against a demand of approximately 650 TMT per year. MRPL’s addition will help address this gap while saving $3 million annually in foreign exchange.

Toluene, a versatile aromatic hydrocarbon, is essential for industries such as pharmaceuticals, chemicals, paints, and defence. By enhancing domestic production, MRPL strengthens India’s industrial supply chain, enabling growth in key sectors.

The initiative is a testament to India’s progress toward becoming self-reliant in critical resources. MRPL’s efforts will not only boost the economy but also reduce dependency on imports, supporting industrial and economic growth in line with the Atmanirbhar Bharat mission.

On January 13, 2025, MRPL share price opened at ₹139.00, touching the day’s high at ₹144.44, as of 9:47 AM on the NSE.

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