The collaboration marks a pivotal development in the efforts to bring the PTA plant back into production. The original agreement with INEOS was executed by JBF Petrochemicals (JBF), which could not be realized due to insolvency proceedings.

Limited has announced that its wholly-owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has re-engaged with process licensor INEOS to support the revival of its plant. The renewed collaboration has been formalised through an amendment agreement signed here,

Ltd. has revitalized its plan to launch a PTA manufacturing plant in Mangalore. The state-owned gas utility has re-engaged INEOS, a global petrochemical giant, to support the revival of the 1.25 million tonnes per annum plant.