GALL, IOCL ink MoU for cooperation in Petrochemicals

November 2008
Chemical Business;Nov2008, Vol. 22 Issue 11, p64
Trade Publication
The article reports that a Memorandum of Understanding (MoU) was signed by Dr. U. D. Choubey, chairman and managing director at GAIL (India) Ltd., and Sarthak Behuria, chairman of Indian Oil Corp. Ltd. (IOCL). It states that this MoU allows both parties to work together in the area of petrochemicals, which includes exploration of the possibility of setting up a cracker complex at Barauni in India. It looks at the duties of each company concerning this exploration.


Related Articles

  • Gail, IOC to explore setting up petrochemical project in Bihar.  // Popular Plastics & Packaging;Dec2008, Vol. 53 Issue 12, p60 

    The article reports on an agreement signed by two public sector companies GAIL (India) Ltd. and Indian Oil Corporation Ltd. (IOC) to explore the possibility of establishing a cracker complex at Barauni in Bihar, India. The companies would constitute a joint working committee to conduct the...

  • 'Merger with IOC vital for BRPL.'.  // Chemical Business;Oct2008, Vol. 22 Issue 10, p77 

    The article focuses on the merger of Bongaigaon Refinery & Petrochemicals Ltd. (BRPL) and Indian Oil. BRPL and Indian Oil chairman Sarthak Behuria claimed that the merger will benefit the investors, the employees of the two companies and the people of Assam. Behuria stated that the financial...

  • A cracking start for India. Hariharan, Malini; Tan, Clara // Asian Chemical News;4/4/2005, Vol. 11 Issue 485, p20 

    Explores the petrochemical projects announced in India following the growth projections for the Indian economy and petrochemicals consumption in 2005. Construction of a facility in Panipat, Haryana by Indian Oil Corp.; Production capacity of the plant projects announced by Gail; Speculations on...

  • Petchem businesses of Gail, Indian Oil report mixed results. RAMESH, DEEPTI // Chemical Week;6/9/2014, Vol. 176 Issue 16, p19 

    The article reports on the mixed financial results of the petrochemical businesses of Indian government-owned energy companies Indian Oil Corp. Ltd. and Gail India Ltd. for the fiscal fourth quarter ended March 31, 2014 and mentions topics including sales performance and production volume.

  • IOC to set up a mega refinery-cum-petrochemical EoU complex in TN.  // Chemical Business;Aug2007, Vol. 21 Issue 8, p84 

    The article reports on the plan of Indian Oil Corp. (IOC) to set up a multi-billion dollar export-oriented refinery unit at Ennore in Tamil Nadu, India. According to IOC chairman and managing director Sarthak Behuria, it will be a mega refinery-cum-petrochemical complex at Ennore along with...

  • Indian Oil to complete Paradip refinery in Orissa by 2012.  // Chemical Business;Jun2009, Vol. 23 Issue 6, p83 

    The article announces the completion of the Paradip refinery project of Indian Oil Corporation Ltd (IOCL) by March 2012. IOCL Chairman Sarthak Behuria reportedly tied-up with a consortium of 21 lenders including the State Bank of India to finance the construction of the said Rs 29,777-crore...

  • TALE BEARER. B. C. // Business Today;10/7/2007, Vol. 16 Issue 20, p38 

    The article offers news briefs related to the petroleum industry in India. The Intelligence Bureau (IB) warned the Petroleum Ministry against its on-land exploration schemes. The IB investigated into the leak of sensitive government information. Fortune 500 oil major Indian Oil Corp. chief...

  • IOC net profit plummets 71% to Rs 415 crore.  // Chemical Business;Aug2008, Vol. 22 Issue 8, p76 

    The article reports on a 71% decline in net profit posted by fuel retailer Indian Oil Corp. (IOC) in the first quarter of 2008. According to IOC chairman Sarthak Behuria, net profit in April-June quarter declined from 1,468.41 crore rupees in 2007 to 415.13 crore rupees. It is said that the...

  • IndianOil's first LPG Pipeline inaugurated in North India.  // Chemical Business;May2009, Vol. 23 Issue 5, p86 

    The article reports on the inauguration of the first cross-country Liquefied Petroleum Gas (LPG) pipeline of IndianOil located in North India. The inauguration was headed by company chairman Sarthak Behuria and was held at Kohand Pipeline Installation in Panipat. The said pipeline is expected to...


Read the Article


Sign out of this library

Other Topics