We are pleased to announce that our Kochi Refinery has been awarded the Chemicals & Petrochemicals Award, by FICCI, for promoting ‘Make in India’. This award was specially nominated by the jury for introducing Propylene Derivatives for the first time in India.
Mr. Ajith Kumar, Executive Director (Kochi Refinery) received the award from Dr. Mansukh Mandaviya, Hon’ble Minister of Health and Family Welfare and Chemicals and Fertilizers, Government of India at a function in New Delhi on 2nd November 2022.
The Propylene Derivative Petrochemical Complex, which was dedicated to the nation by Hon’ble Prime Minister Shri Narendra Modi on 14th February 2021, was built at the cost of Rs 6,000 crore. The complex has an Acrylic Acid Unit, Acrylates Unit & Oxo-Alcohol Unit of world scale size and capacity and will save approximately Rs 4,000 crore in foreign exchange due to import substitution.
The Federation of Indian Chambers of Commerce and Industry (FICCI) organizes the Chemicals and Petrochemicals Awards with the objective to recognize individuals and companies for their commendable work and remarkable contributions in the Chemical and Petrochemical Industry. The awards that reflect the determination and contributions of individuals and companies, were presented in presence of senior officials from the Department of Chemicals and Petrochemicals, Government of India Industry captains, and other stakeholders.