{"id":374641,"date":"2020-09-22T11:45:20","date_gmt":"2020-09-22T06:15:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=374641"},"modified":"2020-09-22T11:45:20","modified_gmt":"2020-09-22T06:15:20","slug":"indian-oil-bets-big-on-petrochemicals-segment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-bets-big-on-petrochemicals-segment\/","title":{"rendered":"Indian Oil bets big on petrochemicals segment"},"content":{"rendered":"<p>NEW DELHI: State-run oil marketing and refining major Indian Oil Corporation Ltd (IOCL) has lined up an investment of Rs  17,825 crore for its Petrochemical and Lube Integration project at its Gujarat Refinery. According to its chairman Shrikant M Vaidya, the petrochemicals sector offers a lucrative opportunity for the company, which is already the second largest Indian firm in the space.<\/p>\n<p>Speaking at the company\u2019s annual general meeting on Monday, Vaidya noted that it was focused on entering into new petrochemicals segments such as polyester filament yarn, polyester staple fibre, polybutadiene rubber and ammonium thiosulphate along the COTC value-chain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run oil marketing and refining major Indian Oil Corporation Ltd (IOCL) has lined up an investment of Rs 17,825 crore for its Petrochemical and Lube Integration project at its Gujarat Refinery. According to its chairman Shrikant M Vaidya, the petrochemicals sector offers a lucrative opportunity for the company, which is already the second largest Indian firm in the space. Speaking at the company\u2019s annual general meeting on Monday, Vaidya noted that it was focused on entering into new petrochemicals segments such as polyester filament yarn, polyester staple fibre, polybutadiene rubber and ammonium thiosulphate along the COTC value-chain.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-374641","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=374641"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374641\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=374641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=374641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=374641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}