GAIL and Petron to Establish 500 KTA Bio-Ethylene Plant in India [Current Affairs]
On August 21, 2024, GAIL (India) Limited and US-based Petron Scientech Inc signed a Memorandum of Understanding (MoU) to explore the development of a 500 Kilo Tonne per Annum (KTA) bio-ethylene plant in India. This initiative will involve a 50:50 joint venture, where both companies will conduct feasibility studies to evaluate the technical and financial…