Indian Oil Corporation (IOC), the country’s largest refiner and fuel retailer, has commissioned a propylene recovery unit at its Mathura Refinery. The new propylene recovery unit is designed to process cracked LPG feed to produce 165,000 tons per annum of 99.7 percent pure, petrochemical-grade propylene product.
IOC, the second largest petrochemical firm in the country, is investing Rs 30,000 crore to increase its presence in the petrochemical business.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.