Numaligarh Refinery Ltd. enters into agreement with Engineers India Ltd. to produce petroleum wax.

Assam based, Numaligarh Refinery Limited (NRL) has entered into a strategic agreement for commercialization and joint ownership for production of petroleum wax with Engineers India Limited (EIL), Delhi and Indian Institute of Petroleum (CSR-IIP),Dehradun.

NRL is implementing the Wax project investing close to Rs. 577 crores. Senior Manger, Corporate communication, NRL, Madhuchanda Adhikari Choudhury said the Wax plant at NRL is due for mechanical completion shortly.

A tripartite Memorandum of Understanding (MoU) in this regard was signed on Monday. CSIR-IIP has generated laboratory scale optimal process scheme on the technology, based on which EIL has developed engineering design package.

The wax project envisages production of high value low volume Paraffin and Micro-Crystalline Wax utilizing inherent properties of North East Crude.


ET