Home FEATURED NEWS Indian Oil eyes processing bio-naphtha for petrochemicals -chairman

Indian Oil eyes processing bio-naphtha for petrochemicals -chairman

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NEW DELHI, May 19 (Reuters) – Indian Oil Corp. (IOC.NS), the nation’s prime refiner, stated on Friday it’s trying to decarbonise its petrochemical feedstocks by introducing bio-naphtha at its crackers.

“To attain sustainability, bio-based feedstocks such as bio-naphtha and bio-ethanol are being envisaged as the natural transition for the petrochemical industry,” the corporate’s Chairman Shrikant Madhav Vaidya stated at Asia Petrochemical Industry Conference, with out offering a timeline.

Bio-naphtha is often obtained from hydro-treatment of used vegetable and cooking oils.

“It is under research and development at our Faridabad facility in northern India… we have kept the used cooking oil pathway open but we’re trying to get it via bio-ethanol,” the corporate’s government director of petrochemicals, A. S. Sahney, advised Reuters on the sidelines of the occasion.

Reporting by Mohi Narayan; Editing by Emelia Sithole-Matarise

Our Standards: The Thomson Reuters Trust Principles.

Thomson Reuters

Reports on every thing from how Asia’s gasoline use recovers from the fallout of COVID-19 to monitoring how the worldwide power transition impacts refinery enlargement plans and gasoline provides within the coming a long time. Mohi analyzes information to provide insights into an array of matters spanning refinery operations and profitability by means of to world oil commerce flows and gasoline storage. Also, seems on the electrification of the worldwide auto fleet and its impression on gasoline provide chains, and the build-out of petrochemical capability by refiners making an attempt to scale back dependence on gasoline gross sales.

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