HPCL begins petrochemicals marketing with HP DURAPOL polymer brand

TAGS

Hindustan Petroleum Corporation Ltd. (HPCL) has entered into the petrochemicals business with pre-marketing of a new polymer brand called HP DURAPOL.

According to the Indian government-owned Indian oil and gas refining company, this is a pre-cursor to the marketing of the petrochemical products to be produced at HPCL Rajasthan Refinery Limited (HRRL).

See also  Adani Road Transport to acquire stake in Maharashtra Border Check Post Network

HPCL said that HPCL Rajasthan Refinery is developing a new grass root refinery and petrochemical complex at Pachpadra in Rajasthan’s Barmer district, which will have a capacity of 9MMTPA.

HPCL begins petrochemicals marketing with HP DURAPOL polymer brand

HPCL begins petrochemicals marketing with HP DURAPOL polymer brand. Photo courtesy of IM3847/Wikimedia Commons.

The Maharatna oil company started the sale of polymers to an end customer earlier this week in Mumbai.

See also  Payara oil project : ExxonMobil, Hess move ahead with $9bn project in Guyanese waters

Separately, HPCL has signed a memorandum of understanding (MoU) with NTPC Green Energy Ltd (NGEl), which calls for the cooperation and collaboration of the parties in the areas of renewable energy, energy storage projects, round-the-clock power, electric mobility, solar/wind value chain as well as meeting the former’s green power requirements by utilizing each other’s know-how.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This