Coordinated by

IndianOil Corporation

IndianOil is a visible, widely admired and premier Public Sector Organisation engaged in refining and marketing of petroleum products which also happens to be the largest Indian Corporate by turnover. A consistent Fortune 500 performer, Indian Oil operates 10 Refineries in the country, pipeline length of more than 12848 Kms networking the nation carrying Crude Oil and products, and more than 46000 customers touch points comprising Petrol/Diesel retail outlets, LPG distributors, Aviation Fuel stations, etc. Over 10,000 fuel stations across the country are now fully automated. A dedicated work force of about 33000 employees spread across the nation stretching from southern shores to the Himalayas are constantly striving to meet the aspirations of the customers.

As a part of the diversification activities, IndianOil has ventured into both upstream (Exploration & Production of crude oil & gas) and downstream (Petrochemicals and Gas) activities. Conceived under the aegis of Business Development Group set up about two decades ago, the Petrochemical Department has invested more than Rs. 20000 crores in capacities for value addition to basic refinery streams to produce Linear Alkyl Benzene (LAB), Paraxylene (PX), Purified Terepthalic Acid (PTA) and a range of Polymers. A world class Naphtha Cracker Plant located at Panipat, Haryana producing world class Polymers and Glycols is fast emerging as the hub of petrochemical growth in India.

IndianOil through its JV M/s Indian Synthetic Rubber Pvt LTd. (ISRL) has commissioned India’s first world-scale Emulsion Polymerized Styrene-Butadiene Rubber (E-SBR ) facility in November 2013. Styrene-butadiene rubber (SBR) is one of the most versatile copolymer rubber compounds that is resistant to abrasion and used in a wide variety of products, such as automobile tires, children's toys, shoe soles and even chewing gum.

In FY 2016-17, IndianOil sales turnover was Rs. 4,38,710 crore (USD 65,391 million) and profits was Rs. 19,106 crore (USD 2,848 million) making it the most profitable PSU in the country. The market capitalization of the company, grew two-fold, from Rs. 95,564 crore as on 31st March 2016 to Rs. 1,87,948 crore as on 31st March 2017. IndianOil was included in the Nifty50 index (NSE benchmark index of 50 best performing corporate). IndianOil is ranked 161st among the world's largest corporate (and first among Indian enterprises) in the prestigious Fortune ‘Global 500’ listing for the year 2016.

IndianOil is also setting up a 700KTPA Polypropylene unit utilising the propylene produced from the recently commissioned green field Paradip Refinery, besides being on the lookout for other opportunities in Petrochemicals using the various molecules available from the Refinery Streams.

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