Indian Oil Corporation Ltd. (IOC) is all set to deploy INDMAX - its own FCC (Fluidised Catalytic Cracking) technology at its upcoming 15 million tpa integrated Paradip refinery-cum-petrochemicals complex to be located on the east coast of India. IOC's complex, to be commissioned by 2011-12, will comprise a 15 million tpa refinery and facilities for production of front-end petrochemicals, including Paraxylene, Polypropylene and Styrene.
INDMAX ( Indane Maximisation), is a novel refining process technology developed by IOC's world-class R&D Centre, enabling high yields of LPG and high-octane gasoline (petrol) by using various refinery streams, including heavy residues and naphtha as feedstock. A demo plant of 100,000 tpa capacity based on the technology is currently operational at IOC's Guwahati Refinery since June 2003. The proprietary technology and catalyst formulation have earned US, European and Indian patents and were conferred awards by the Department of Science & Technology (DST) and the Department of Industrial & Scientific Research (DSIR) of the Government of India in 2004. A manufacturing facility for the same is being put up in association with InterCat, USA, in Gujarat. This development has catapulted IndianOil into the league of select multinational licensors such as UOP, Stone & Webster and Shell.
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