MoneyWorks4Me

Mangalore Refinery and Petrochemicals initiates partial shutdown of units

26 Apr 2016 Evaluate

Mangalore Refinery and Petrochemicals has initiated partial shutdown of certain Units and also running some Units on reduced capacity without disrupting fuel production and supplies to the extent possible, considering the acute water shortage in the dakshina kannada district of Karnataka and the restrictions imposed by the district administration in pumping river water for industrial use.

Mangalore Refinery and Petrochemicals is engaged in the business of refining crude oil. It offers high speed diesel oil, fuel oil and motor spirit. It operates as a subsidiary of Oil and Natural Gas Corporation. The company was founded in 1988 and is based in Mangalore, Karnataka.

Peers
Company Name CMP
Reliance Industries 1240.80
Indian Oil Corpn. 134.10
Bharat PetroleumCorp 306.80
HPCL 350.45
MRPL 163.80
View more..