Indian Oil Corporation Limited, or IndianOil, is an Indian state-owned oil and gas corporation with its headquarters in New Delhi, India. It is the world's 88th largest corporation, according to the Fortune Global 500 list, and the largest public corporation in India when ranked by revenue.IndianOil and its subsidiaries account for a 49% share in the petroleum products market, 31% share in refining capacity and 67% downstream sector pipelines capacity in India. The IndianOil Group of companies owns and operates 10 of India's 22 refineries with a combined refining capacity of 65.7 million metric tonnes per year. In FY 2012 IOCL sold 75.66 million tonnes of petroleum products and reported a PBT of 7px37.54 billion, and the Government of India earned an excise duty of 7px232.53 billion and tax of 7px10.68 billion.The company is mainly controlled by Government of India which owns approximately 79% shares in the company. It is one of the seven Maharatna status companies of India, apart from Coal India Limited, NTPC Limited, Oil and Natural Gas Corporation, Steel Authority of India Limited, Bharat Heavy Electricals Limited and Gas Authority of India Limited. Wikipedia.
Indian Oil Corporation Ltd. | Date: 2015-07-20
The present invention relates to a polymer modified bitumen composition comprising a petroleum vacuum residue, a nitrogen rich polycyclic aromatic hydrocarbon and a functionalized polymer having enhanced softening point, good antistripping effect, enhanced elastic recovery higher performance grade and low temperature creep stiffness effect. The present invention also relates to processes for the preparation of polymer modified bitumen composition.
Indian Oil Corporation Ltd. | Date: 2015-08-27
The present invention relates to a catalyst additive composition suitable for fluid cracking, riser cracking and fixed bed cracking with reduction in bottom and coke, wherein the aluminosilicate and silica-alumina is generated in situ from added clay and silica. The present invention is also directed towards the preparation of the said catalyst additive composition. The invention also discloses a process for cracking of heavy hydrocarbons using the said catalyst additive.
Indian Oil Corporation Ltd. | Date: 2015-09-17
The present invention relates to an additive composition for cracking of heavy hydrocarbon feed stocks. In particular, the present invention relates to an additive composition comprising large crystallite low surface are alumina component in combination with phosphate compound in fluid catalytic cracking additive and a process for the preparation thereof.
Indian Oil Corporation Ltd. | Date: 2015-03-16
The present invention relates a novel approach to prepare Polymer Modified Bitumen by using terephthalamide additives, derived from PET, for improving bitumen quality. Particularly, the present invention provides a process to utilize waste PET, which is a threat to environment and is available commercially in different physical forms, for conversion into industrially useful additive for bituminous product.
Indian Oil Corporation Ltd. | Date: 2015-06-01
The present invention relates to a process for production of oligomer products from olefinic C4 feed stocks comprising isobutene, butenes, butanes, butadienes and mixture thereof. Particularly, the present invention relates to a process for the preparation of oligomers using olefinic C4 feed stock in presence of tertiary butyl alcohol (TBA) and iso propyl alcohol (IPA).