Expanding Horizons in Petrochemical Business

Polymers manufactured at Panipat Refinery.

The petrochemical sector is a major driver of industrial growth. The per capita consumption of plastics in India is far below the world average. However in the last decade, the Indian polyolefin industry has seen double digit growth offering large potential for further growth. Ample opportunities also exist for export of polyolefin in the Asian region, including China.

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IndianOil is focussing on strengthening its petrochemicals business by venturing into downstream polymer units. A world-class Naphtha Cracker and Polymer units are operational at IndianOil's Panipat Refinery. The technology and capacities of the Naphtha Cracker and Polymer units are world-class, with products ranging from commodity to niche grades.