MRPL is planning to expand into a 21 MMTPA refinery with a pet coke gasification unit and a linear alkyl benzene unit. The company has also decided to diversify into petrochemicals. In MRPL Phase III, a polypropylene plant is getting ready, while a joint venture company, ONGC-Mangalore Petrochemicals, is off to a running start and is expected to commission its aromatic plant by September 2013.
MRPL is a joint venture oil refinery promoted by Hindustan Petroleum Corporation (HPCL), a public sector company and IRIL & Associates (AV Birla Group). It has a design capacity to process 9.69 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing Premium Diesel (High Cetane).
| Company Name | CMP |
|---|---|
| Reliance Industries | 1312.90 |
| Indian Oil Corp. | 143.20 |
| BPCL | 306.00 |
| HPCL | 392.20 |
| MRPL | 154.80 |
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