Page 140 - CW E-Magazine (16-7-2024)

Top Stories

WHITE OILS

Gandhar Oil’s UAE arm bags order from ADNOC

Texol Lubritech FZC, a foreign Established in 2017, Texol Lubri-
material subsidiary of Gandhar Oil Refi - tech FZC operates out of its Sharjah
nery (India) Ltd., has bagged an order plant in the United Arab Emirates. It
from Abu Dhabi National Oil Company manufactures white oils, petroleum
(ADNOC) PJSC, UAE. jelly, lubricants and transformer oils,
primarily for the GCC, Africa, and
Texol Lubritech FZC will manu- West Asian regions.
facture, package, label, and supply
products to ADNOC distribution on Gandhar Oil is a leading manufac-
a contractual basis. Founded in 1971, turer of white oils by revenue, engaged
ADNOC is a leading diversifi ed energy Oil Refi nery India, said the agreement in producing pharmaceutical, health-
group, wholly owned by the Abu Dhabi highlights the company’s capability to care, and performance oil (PHPO), Pro-
government. The three-year contract deliver high-quality products and ser- cess Insulating Oil (PIO) and Lubricants
forecasts estimated annual value of vices on a large scale. The partnership (automotive oils and industrial oils).
$45-mn (Rs. 375-crore). with ADNOC will strengthen the com-
pany’s presence in West Asia and pave The white oil market is the fastest
Mr. Aslesh Parekh, promoter and the way for future growth and collabo- growing segment in the speciality oils
Joint Managing Director, Gandhar ration, he said. sector.

Covestro (India) opens polyol tank farm project in Kandla

Polymer material specialist,
Covestro (India), has inaugurated its
‘Polyol Tank Farm Project’ in Kandla,
Gujarat’s Kutch district, as the
company moves to enhance supply
chain resilience and operational
efficiency.

Designed to meet stringent require-
ments, this state-of-the-art facility will ners (IBCs), help optimise distribution ward, the company also expects the faci-
be storing polyols, a crucial ingredient and minimise transportation time,” a lity to also cater adjoining countries
for the company’s Performance Mate- company press note said. Going for- like Nepal, Bangladesh, and Sri Lanka.
rial Business. The company expects PROJECT MILESTONE
the facility to reduce dependency on
imports and longer lead times. Epigral commissions CPVC compound

“The polyol tank farm represents manufacturing plant at Dahej
a signifi cant leap forward in Covestro
India’s supply chain infrastructure. The Epigral Ltd., formerly known as nounced the successful commission-
leased nature of the project offers a Meghmani Finechem Ltd., incorporated ing of an additional 45-ktpa of CPVC
strategic balance between operational in 2007, has successfully commissioned resin capacity plant at its Dahej faci-
fl exibility and long-term planning. its 35-ktpa chlorinated polyvinyl chlo- lity. With this expansion, Epigral’s
Utilising ISO tanks and fl exi tanks for ride (CPVC) compound manufacturing total CPVC resin capacity has reached
bulk deliveries and streamlining the plant at its Dahej facility in Gujarat. 75-ktpa, positioning it as the largest
fi lling and distribution processes of CPVC resin facility in the world at a
drums and Intermediate Bulk Contai- In April this year, Epigral an- single location.

140 Chemical Weekly July 16, 2024

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