India's state owned refiner IndianOil Corporation (IOC) will use an indigenous technology, developed by its Faridabad R&D centre, at its upcoming 15 million ton, refinery complex at Paradip in Orissa.
The technology, INDMAX (Indane Maximisation), enables high yield of LPG and high-octane gasoline (petrol) by using various refinery streams, including heavy residues and naphtha as feedstock. A demo plant is already operational in Guwahati.
With this, IOC will join the league of major refinery technology licensors such as Shell, UOP and Stone & Webster.
08-Dec-06 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}