Home / Knowledge / News / Textiles / IndianOil commences commercial despatch of polymers
IndianOil commences commercial despatch of polymers
03
May '10
In the wave of a flag, Mr. B.M.Bansal, Chairman, IndianOil, signalled what could well emerge as a major game changer in the Indian domestic petrochemical business. The despatch of the first truck carrying a consignment of a Poly Propylene grade from the gates of IndianOil's state-of-the-art Petrochemicals Complex at Panipat, will be followed by the roll out of a countrywide marketing blitz that is expected to ride on the company's formidable distribution channels spread across India.

Speaking on the occasion Mr. Bansal said, “With the completion of our Petrochemical Complex in Panipat, we have crossed a major milestone in our aspiration to emerge as an integrated and diversified company. It is perhaps our biggest investment at one location. With this, Panipat will emerge as a major hub and be the primary driver behind an unprecedented industrialisation spree in Northern India, triggering off massive investments in a range of downstream plastic processing and allied industries in the region”, he added. IndianOil has showcased its capability to offer a full product slate to customers covering all segments of petrochemicals viz. LAB, PX-PTA and Polymers. With the domestic polymer market growing at a sustained pace, the company has laid out a web portal based marketing strategy that will help it garner a significant share of the petrochemicals market in the future.

World Scale, World Class Naphtha Cracker
The world-class Naphtha Cracker at Panipat, built at a cost of Rs 14,400 crore, is the largest operating cracker capacity in India today and the naphtha feed for the unit is being sourced internally from IndianOil's Koyali, Panipat and Mathura refineries. The Naphtha Cracker comprises of the following downstream units - Polypropylene (capacity: 600 KT), High Density Polyethylene (HDPE) (dedicated capacity: 300 KT) and Linear Low Density Poly Ethylene (LLDPE) (350 KT Swing unit with HDPE), Mono Ethylene Glycol(MEG) plant (capacity: 325 KT). The cracker will produce over 800 KTA of ethylene, 600 KTA of Propylene, 125 KTA of Benzene, and other products viz., LPG, Pyrolysis Fuel Oil, components of Gasoline and Diesel. The Poly Propylene (PP) unit isdesigned to produce high quality and high value niche grades including high speed Bi-axially Oriented Polypropylene (BOPP) (used for food packaging and laminations), high clarity random co-polymers (used for food containers and thin walled products) and super impact co-polymer grades (used for batteries,automobile parts, luggage and heavy duty transport containers). Polyethylene is used for making injection moulded caps, heavy duty crates, containers, bins, textile bobbins, luggage ware, thermoware, storage bins, pressure pipes (for gas and water), small blow-moulded bottles, jerry cans, etc.

Indian Oil Corporation Ltd


Must ReadView All

Apparel/Garments | On 21st Jul 2017

Walmart opens new fulfillment centre in Davenport

Walmart has opened a new e-commerce fulfillment centre in Davenport,...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X