Indian Oil Corp has shut the fluidised catalytic cracking unit (FCCU) at its Paradip refinery, a company spokesman said. FCCU was shut after a fire broke out at a nearby facility at about 1100 hours local time on Tuesday. This refinery has a capacity of 3,00,000 barrels per day.
This incident has caused a heavy loss to property worth crores and the good was that no causalities were reports.
