Thyssenkrupp secures Indian Oil Corp contract for 60 KTPA Rubber Plant
OIL & GAS

Thyssenkrupp secures Indian Oil Corp contract for 60 KTPA Rubber Plant

The Indian Oil Corporation (IOCL) has granted an EPC contract of over $ 100 Million to thyssenkrupp Industrial Solutions India (tkIS India) for the construction of a 60 KTPA Poly Butadiene Rubber Plant (PBR) at their Panipat Refinery & Petrochemical Complex in Haryana.

Polybutadiene rubber, which is produced through the polymerisation of butadiene, is used in the manufacturing of tires and additives. tkIS India, having experience in the implementation of various refinery and petrochemical projects, will carry out this project on an LSTK basis, utilizing technology from a reputable licensor.

The lump-sum EPC scope encompasses residual process engineering, detailed engineering, project management, procurement, construction, and plant commissioning.

Rajesh Kamath, the CEO and managing director of thyssenkrupp’s chemical plant business (thyssenkrupp Industrial Solutions) in India, expressed gratitude to IOCL for their continued trust and support in their capabilities. He stated, "tkIS India possesses extensive experience in executing petrochemical and refinery projects. This contract serves as evidence of our organization's engineering expertise, and we are determined to successfully complete it."

tkIS India has previously executed numerous refinery and petrochemical projects for IOCL across multiple refineries. In addition to ongoing contracts following the EPCM and PMC models, tkIS India is also undertaking the n-Butanol project and the Catalytic Dewaxing Project on an EPC basis for IOCL's Gujarat Refinery.

Also read:
Hild Electric bags NTPC order for alkaline electrolysers
FIVE becomes first hotel to obtain i-RECs in UAE


The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The Indian Oil Corporation (IOCL) has granted an EPC contract of over $ 100 Million to thyssenkrupp Industrial Solutions India (tkIS India) for the construction of a 60 KTPA Poly Butadiene Rubber Plant (PBR) at their Panipat Refinery & Petrochemical Complex in Haryana. Polybutadiene rubber, which is produced through the polymerisation of butadiene, is used in the manufacturing of tires and additives. tkIS India, having experience in the implementation of various refinery and petrochemical projects, will carry out this project on an LSTK basis, utilizing technology from a reputable licensor. The lump-sum EPC scope encompasses residual process engineering, detailed engineering, project management, procurement, construction, and plant commissioning. Rajesh Kamath, the CEO and managing director of thyssenkrupp’s chemical plant business (thyssenkrupp Industrial Solutions) in India, expressed gratitude to IOCL for their continued trust and support in their capabilities. He stated, tkIS India possesses extensive experience in executing petrochemical and refinery projects. This contract serves as evidence of our organization's engineering expertise, and we are determined to successfully complete it. tkIS India has previously executed numerous refinery and petrochemical projects for IOCL across multiple refineries. In addition to ongoing contracts following the EPCM and PMC models, tkIS India is also undertaking the n-Butanol project and the Catalytic Dewaxing Project on an EPC basis for IOCL's Gujarat Refinery. Also read: Hild Electric bags NTPC order for alkaline electrolysers FIVE becomes first hotel to obtain i-RECs in UAE

Next Story
Real Estate

Inorbit Malls acquires retail property in Hubballi

Inorbit Malls has made a significant move by acquiring a ready-to-launch retail property spanning 6.5 lakh square feet in Hubballi, Karnataka. This strategic acquisition marks the company's first venture into the Karnataka market, enhancing its portfolio and presence in the region. The new property, located in a bustling area, is expected to attract various national and international brands, providing a boost to local retail. Inorbit's CEO expressed enthusiasm about the expansion, emphasising the potential for growth in Hubballi, which is emerging as a key retail destination. The development..

Next Story
Real Estate

Phoenix Mills’ arm Casper Realty wins bid for prime plots in Mohali

Casper Realty, a subsidiary of Phoenix Mills, has successfully secured two prime plots in Mohali for Rs 891 crore. This acquisition marks a significant addition to the company’s real estate portfolio and reflects its ongoing commitment to expanding its footprint in key markets. The two plots are strategically located and are expected to support the development of commercial and retail spaces. This investment aligns with Casper Realty's long-term vision to enhance urban landscapes and provide high-quality spaces for businesses and consumers alike. Phoenix Mills continues to focus on growth ..

Next Story
Infrastructure Urban

Jindal plans Rs 1,500 cr investment to expand production capacity

Jindal India is set to invest Rs1,500 crore to enhance its production capacity. This investment is aimed at meeting the growing demand for its products and strengthening its market position. The expansion will focus on increasing efficiency and output across various facilities. The company’s strategy includes upgrading technology and processes, which is expected to boost productivity and reduce operational costs. Jindal India is confident that this investment will support its long-term growth objectives and help maintain a competitive edge in the industry. The move comes as part of Jindal ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000