Indian Oil to Build PP, Base Oil Plants and Enter Textiles Ops
Indian Oil Corporation (IOC) will invest Rs 17,825 crore ($2.4 billion) in setting up a petrochemical plant and lube oil base stock (LOBS) integration project at its Gujarat Refinery, and is looking at diversifying into the textile business. In a regulatory filing, IOC said its board at a meeting on September 21 “accorded approval for … Read more