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Wednesday
April 2021
12:46 PM IST
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Finance Minister speaks to industry leaders, says Centre working with States to manage Covid        IPL 2021: CSK beat RR by 45 runs        Indoor stadium to be built in Shahpur: Minister        NASA launches Ingenuity Helicopter from Mars' surface        Political parties and religious outfits have misused Islam: PM Imran        All adults eligible for Covid vaccination from May 1        Dr Manmohan Singh tests positive for COVID-19, hospitalised        This time COVID-19 spreading rapidly in Tier 2, Tier 3 cities as well: PM        Bumrah one of the best death bowlers, makes my job easier: Boult        Magnificent Dhawan takes DC to emphatic win over Punjab        Lithium-ion battery maker Lohum to invest up to Rs 250 cr in three years on capacity expansion        Pakistan reports highest single-day coronavirus spike in 2021 with over 6,000 cases        California mass shooting suspect was barred from buying gun        COVID-19 surge:Rahul Gandhi announces cancellation of poll rallies in West Bengal        Declare a national health emergency: Sibal to PM        COVID-19: India records highest single-day rise of 2,61,500 cases, 1,501 deaths        My Tirth India' provides services of 'online darshan'        I have the skills to bat in tough situations: Shahrukh Khan        Pakistan cricket players will get visas for World T20 in India: BCCI apex council        US and Japan to strengthen efforts to promote peace and security in Indo-Pacific: Harris        
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Business News
Indian Oil Corporation inks partnership with Dorf Ketal Chemicals to manufacture Drag Reducing Agents
 
New Delhi: Indian Oil Corporation Ltd (IOCL) has announced its partnership with Dorf Ketal Chemicals India Pvt Ltd, wherein IOCL's Patented Drag Reducing Agents (DRA) technology will be utilized to manufacture the DRA at Dorf Ketal's manufacturing unit at Dahej, Gujarat.

This agreement also represents a significant move towards Atmanirbhar Bharat, as declared by Prime Minister Narendra Modi as it will serve the Indian hydrocarbon industry in competing with MNC's and catering to the growing global demand thus expanding the Indian revenue cycle support, IOCL said in a statement.

Mr Sudhir Menon (CMD) Dorf Ketal, while expressing his views at the R&D conclave organised by FIPI here, stated, "We see a major synergy through this significant partnership between IOCL R&D and Dorf Ketal. Our Indian R&D and science communities have been recognized for creating game-changing technologies and goods, but they have lacked market agility. Although these are testing times for those in the oil and gas industry, we are confident that Dorf Ketal, with its global presence, will be able to produce and sell this commodity efficiently with the expertise of our Indian scientists. We are confident that in the future, we will see a plethora of innovative products & applications launched through this partnership."


Drag Reducing Agents (DRAs) are specially formulated polymers that increase the ability of pipelines transporting hydrocarbons (crude oil and finished fuels) to meet the country's growing energy demand. When deployed, it assists the hydrocarbon pipeline operator in transporting more than 30 per cent of the designed capacity, minimizing costs associated with installing new pipelines, which results in delays, expensive land acquisition, and a higher overall cost of setting up pumping stations.

Dorf Ketal is supplier of process chemicals and additives for refineries, petrochemicals, fuels, plastics, lubricants and oil stimulation industries.


Finance Minister speaks to industry leaders, says Centre working with States to manage Covid
Lithium-ion battery maker Lohum to invest up to Rs 250 cr in three years on capacity expansion
My Tirth India' provides services of 'online darshan'
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NFC supplies 1st set of Steam Generator Tubes to BHEL
Tata Motors & SBI join forces to offer innovative financial solutions to commercial vehicle customers
Sensex touches 49K to end at 49008.50
Indian Oil Corporation inks partnership with Dorf Ketal Chemicals to manufacture Drag Reducing Agents
KERALA NEWS
Kerala logs 10,031 new COVID-19 cases, overall tally cross 12 lakh mark
 Thiruvananthapuram: Kerala reported 10,031 fresh coronavirus cases and 21 related deaths on Friday,  
RS polls in Kerala: CPI(M) names candidates for two seats
Kerala logs over 7,000 cases, 20 more deaths
Chopper crash lands in Kerala
INTERNATIONAL NEWS
NASA launches Ingenuity Helicopter from Mars' surface
 Washington: National Aeronautics and Space Administration (NASA) on Monday successfully launched its
Political parties and religious outfits have misused Islam: PM Imran
Pakistan reports highest single-day coronavirus spike in 2021 with over 6,000 cases
California mass shooting suspect was barred from buying gun
NATIONAL NEWS
All adults eligible for Covid vaccination from May 1
 New Delhi: Under phase III of the ongoing Covid vaccination programme beginning from May 1 onwards,
Dr Manmohan Singh tests positive for COVID-19, hospitalised
COVID-19 surge:Rahul Gandhi announces cancellation of poll rallies in West Bengal
Declare a national health emergency: Sibal to PM
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