- The year marked IndianOil’s forays into new areas of research such as Petrochemicals, Polymers and Nanotechnology, while at the same time consolidating R&D strengths in core areas of lubricant and refining technologies and catalyst development. Out of the 10 patents filed during the year, nine received approvals.
- Emphasis on developing and deploying cost-effective green technologies continued during the year with the development of a Co-solvent technology to improve yield while processing LOBS feedstock for extraction of aromatics, and a technology based on hydrotreatment for production of ATF.
- Research resulted in annual savings of Rs. 2 crore due to reduction in catalyst loss from 640 kg to 225 kg/day in the Indmax Unit at Guwahati Refinery. During the year, FCCMOD simulator was licenced to M/s. Intercat, yielding a revenue of USD 14590. The in-house developed Ultra iMax additive for enhancement of LPG yield was selected by CPCL for deployment and generated a royalty of Rs. 20 lakh.
- Continuing the tradition of leadership in lubricants formulation, 186 formulations were developed during the year, of which 153 were commercialised. 47 approvals were also received from Original Equipment Manufacturers.
- As part of continuing efforts to roll out Hydrogen economy in the country, IndianOil set up the nation’s first commercial Hydrogen-CNG dispensing station at Dwarka, Delhi. Further trials on H-CNG blends with different compositions are on.
- In order to explore sources of production of bio-fuels, research programmes were taken up on bio-Hydrogen, algal fuels and lignocellulosic ethanol.
- In a bid to provide effective R&D support to IndianOil’s growing petrochemicals business, exploratory studies were conducted on polymeric film blends and nano-composites.
- IndianOil’s R&D subsidiary – IndianOil Technologies Ltd. (ITL) – signed an MoU with the Kuwait Institute of Scientific Research for collaborative R&D.
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