Mangalore Refinery & Petrochemicals, a subsidiary company of ONGC, has successfully commenced commercial production of Polypropylene from its Polypropylene (PP) Plant as part of its Phase III Refinery expansion and upgradation project on June 18, 2015. The plant has capacity to produce 4,40,000 TPA polypropylene.

The feed stock for the Polypropylene plant, polymer grade propylene, is being produced from upstream Petrochemical Fluidised Catalytic Cracking Unit (PFCCU). The technology provider for the Polypropylene Plant is Novolen of Germany and plant has been engineered and constructed by Engineers India, a premium Central Public Sector Undertaking. 

Shares of the company gained Rs 2.75, or 3.71%, to trade at  Rs 76.95.  The total volume of shares traded  was  322,174 at the BSE (11.16 a.m., Thursday).