Latest News | Thyssenkrupp Arm Bags $75 Mn EPC Order from IOC's Baroda Refinery

Mumbai, Sep 8 (PTI) Thyssenkrupp Industrial Solutions India on Thursday said it has bagged a USD 75-million EPC contract from oil major Indian Oil Corporation to construct a catalytic dewaxing unit (CDWU) at its Baroda refinery in Gujarat.

The proposed CDW unit will have an annual capacity of a 270-kilo tonne, a statement from the German company said.

Also Read | Asha Bhosle Birthday: 5 Indie-pop Songs Of The Singer That Have A Permanent Place In Our Nostalgia Playlist.

The CDW is an important unit in the production of lube base oils, which has its applications in the manufacture of lubricants.

Thyssenkrupp said it will execute this project on an LSTK basis and the engineering of the unit will be based on the package received from Chevron Lummus Global, Rajesh Kamath, CEO & MD of Thyssenkrupp India's chemical plant business, said.

Also Read | Realme GT Neo 3T India Launch Set for September 16, 2022.

In the past, Thyssenkrupp has executed multiple refineries and petrochemical projects for IOC. Currently, it is also implementing IOC' n-butanol project on an EPC basis.

Thyssenkrupp Industrial Solutions India is a leading EPC and engineering consultancy offering solutions across petrochemical and refinery, fertilisers, Chlor-alkali, green chemicals, cryogenic storage etc, and executed over 850 projects in the last four decades.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)