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 June 10, 2007 IndianOil Stock Today :   BSE  433.40(-1.51%)    NSE 434.35(-1.31%) Update Stock
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Click here to view 'Journey from Petroleum to Petrochemicals' brochure

Petrochemicals - Prime driver of future growth

Your Corporation is continuously striving for growth through integration of its core business with opportunities available in the petrochemicals sector.
The LAB unit (Linear Alkyl Benzene, used in the manufacture of detergents) at Gujarat Refinery achieved 93.3% capacity utilisation in its first full year
of operation. The product has been successfully marketed within India, attaining a respectable market share, and has also been exported. An integrated
PX/PTA plant at Panipat Refinery has commenced commercial production recently.

Your Corporation has initiated various activities for setting up a world scale Naphtha Cracker project along with downstream polymer units at Panipat. In addition, activities for setting up integrated complex of refinery and petrochemicals at Paradip in Orissa have also progressed significantly.

LAB (Linear Alkyl Benzene):

The year 2004-05 marked IndianOil’s big-ticket entry into petrochemicals with the commissioning of the country’s largest Linear Alkyl Benzene (LAB) plant at Gujarat Refinery in August 2004. It is also the largest grassroots single train Kerosene-to-LAB unit in the world, with an installed capacity of 1,20,000 metric tonnes per annum (MTPA). Currently, two grades of LAB – high molecular weight and low molecular weight – are being produced. The quality of the LAB produced here has found wide acceptance in the domestic and overseas markets.

Built at a cost of Rs. 1,248 crore and commissioned in a record 24 months’ time, the plant produces superior quality LAB for manufacturing environment-friendly biodegradable detergents, using state-of-the-art Detal technology from M/s UOP, USA. The key raw materials for the plant, catering to domestic as well as export market requirements meeting the latest and most stringent quality standards, are Kerosene and Benzene produced at Koyali Refinery.

PX/PTA (Paraxylene / Purified Terephthalic Acid):

The PX/PTA project marks IndianOil’s major step towards forward integration in the hydrocarbon value chain by manufacturing Paraxylene (PX) from Naphtha and thereafter, converting it into Purified Terephthalic Acid (PTA). Currently under implementation at Panipat Refinery in Haryana, the integrated Paraxylene/Purified Terephthallic Acid (PX/PTA) complex is being built at a cost of Rs. 5,104 crore.

The PTA Plant will be the single largest unit in India with a world-scale capacity of 5,53,000 MTPA, achieving economy of scale. The process package for the PTA plant was prepared by erstwhile M/s Dupont, UK (now M/s. Invista) and that of the Paraxylene Unit was prepared by M/s UOP, USA. M/s EIL and M/s Toyo Engineering have been selected as the Project Management Consultants (PMC) for executing the PTA and PX respectively.

The Paraxylene plant is designed to process 5,00,000 MTPA of heart-cut Naphtha to produce about 3,60,000 MTPA of PX. Naphtha will be sourced from IndianOil’s Panipat and Mathura refineries, for which Naphtha splitter units are being set up at the respective refineries. The PTA unit will produce 5,53,000 MTPA of Purified Terephthalic Acid from Paraxylene. Technologically, the plant will be one of the most advanced in the country.

IndianOil has selected the latest and the most modern technology available in this field to achieve economy of scale in the plants scheduled for commissioning in 2006.

Naphtha Cracker:

The Naphtha Cracker and downstream polymer units are being set up at Panipat at a cost of Rs. 6,300 crore. An MoU has been signed in June 2004 with the Government of Haryana, who are providing fiscal incentives and concessions for the project.

Planned to be completed by 2009, this project envisages setting up of a Naphtha Cracker based on captive utilisation of Naphtha from Panipat, Mathura and Koyali refineries of IndianOil. The Naphtha Cracker complex envisages other downstream polymer units utilising intermediates ethylene and propylene to be generated from the Cracker.

The Naphtha Cracker unit is designed to produce 800,000 tonnes per annum of ethylene and 600,000 tonnes per annum of Propylene, based on which other downstream polymer units are being designed to produce Linear Low Density Polyethylene (LLDPE), High Density Polyethylene (HDPE), Polypropylene (PP) and the speciality chemical Mono Ethylene Glycol (MEG). The capacities of the Naphtha Cracker and polymer units are kept at world-class level, with the products ranging from commodity to niche grades.

For business enquiries, kindly contact:

Mr. K Govindarajan
Executive Director (Petrochemicals)
Indian Oil Corporation Ltd.
SCOPE Complex, Core-2, Lodhi Road
New Delhi – 110 003
Phone – 91-11-24367532
Fax: 91-11-24367548
Email: govindarajank@iocl.co.in

Mr. Pradeep Chhabra
Dy. General Manager (Petrochemicals - Marketing)
Indian Oil Corporation Ltd.
SCOPE Complex, Core-2, Lodhi Road
New Delhi – 110 003
Phone – 91-11-24369504
Fax: 91-11-24367548
Email: chhabrap@iocl.co.in

IndianOil at PlastIndia, 2006

PlastIndia 2006, the exhibition that took place at Pragati Maidan from 9th to 14th February, 2006 witnessed an unprecedented response from the industry with participation of over 1,200 exhibitors from 30 countries. IndianOil also participated in the industry exhibition. Its aesthetically designed stall attracted a lot of visitors - both business and general visitors - who were curious to know about IndianOil's mega petrochemical plants.

To view how IndianOil showcased itself in PlastIndia 2006, click on the following links:


:: Lab


Part-II continued



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