Indian Oil Corporation had proposed to set up a Styrene and Ethylene recovery units in the existing Panipat Naphtha Cracker Complex (PNCC) at a cost of Rs 5930 million. The project involves setting up a standalone unit at PNCC with a capacity to recover 20 kilo tonnes per annum (KTA) Styrene using Pyrolysis Gasoline as a feedstock. The Styrene recovered from here would be supplied to the Styrene Butadiene Rubber (SBR) plant at the same location. As of August 2016, The Expert Appraisal Committee (EAC) examined the IOCL's proposal in the recent meeting and after detailed deliberation, the proposal has been deferred.