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Kochi Refineries
From Wikipedia, the free encyclopedia
Kochi Refineries Ltd (KRL)
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Kochi Refinery started on 27 April 1963 when Government of India, Philips Petroleum Company of USA and Duncan Brothers of Calcutta signed an agreement for the construction of a petroleum refinery in south India, in Kochi, Kerala.
Erstwhile Kochi Refineries Limited, formerly known as Cochin Refineries Ltd (CRL)., was formally registered on 6 September 1963 at Ernakulam. Philips Petroleum International Corporation was the prime contractors for the construction of the refinery. Construction work started in March 1964 and the first unit came on stream just after 29 months in September 1966.
Former Prime Minister of India Ms.Indira Gandhi inagurated it on 23 September 1966.
The refinery had an original design capacity of 2.5 million tons per annum (mmtpa) which was increased to 3.3 mmtpa in 1973. Production of liquefied petroleum gas (LPG) and aviation turbine fuel (ATF) commenced after this expansion.
Refining capacity was further enhanced to 4.5 mmtpa in November 1984 when a fluidized catalytic cracking unit (FCCU) of 1 MMTPA capacity was added.
In Dec 1994, refining capacity was increased to 7.5 mmtpa (150,000 bpsd) along with revamp of FCCU to 1.4 MMTPA. A fuel gas de-sulphurisation unit was installed as part of this project to minimise sulphur dioxide emission. CRL entered into petrochemical sector in 1989 when aromatic production facilities with a design capacity of 87,200 tons per annum of benzene and 12,000 tons per annum of toluene was commissioned. In the year 2000, a 2 MMTPA Diesel Hydro De-sulphurisation (DHDS) plant was added to reduce the sulphur content in Diesel.
A captive power plant of 26.3 MW was commissioned in 1991. An additional captive power plant of 17.8 MW was commissioned in 1998 thus making the refinery self sufficient in power.
An LPG bottling plant of capacity 44,000 TPA was commissioned in 2003. A Bitumen Emulsion plant of 10000 TPA capacity has also been commissioned in 2004.
Bharat Petroleum Corporation Limited (BPCL) acquired the Government of India's shares in KRL in March 2001. Consequent to the merger Order dated 18 August, 2006 issued by Ministry of Company Affairs, the refinery has been amalgamated with Bharat Petroleum Corporation, hence forth to be known as BPCL-Kochi Refinery.
Today Kochi Refinery is a frontline entity as the unit of the Fortune 500 company, BPCL.
With a wide spectrum of activities, Kochi Refinery redefines the benchmarks in technology and market preferences. With a turnover of around USD 2500 million, the refinery aims to strengthen its presence in refining and marketing of petroleum products and further grow into the energy and petrochemical sectors.
Kochi Refinery is engaged in Refining and marketing of petroleum products. Beginning with a capacity of 50,000 barrels per day(bpd), today the Refinery has a refining capacity of 150,000 bpd. The Company entered the petrochemical sector with benzene and toluene in 1989.
Kochi Refinery produces all fuel based refinery products viz Liquefied Petroleum Gas, Naphtha, Gasoline, Kerosene, Aviation Turbine Fuel, Gas Oil, Fuel Oil and Asphalt. The foray into direct marketing began since 1993 through marketing its aromatic products- Benzene and Toluene.
The company entered the International Petroleum business stream when its first parcel of Fuel Oil was exported in January 2001. Since then the company has not looked back and has exported around 100 parcels. In the last financial year the refinery exported products worth over USD 280 million.
Kochi Refinery, today, has earned the reputation as a reliable player in the International Trade, by virtue of superior product quality and customer service.
Kochi Refinery makes Speciality products for domestic markets Viz. Benzene, Toluene, White Spirit, Poly Iso Butene and Sulphur.
Kochi Refinery offers supplies of any grade Fuel Oil (both 180 cst and 380 cst) and Low Aromatic Naphtha (High Paraffinic) to the international market.
The Fuel Oil has been bench marked in the Singapore and Dubai Fuel Oil markets
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