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Chairman Inaugurates Cryogenic Nitrogen and CRMB Plants at Haldia
Haldia   30-Jun-2007
In the corporate quest for self-sufficiency and value addition, Mr. Sarthak Behuria, Chairman (IndianOil), inaugurated the Cryogenic Nitrogen plant at Haldia Refinery and Crumb Rubber Modified Bitumen (CRMB) plant in the Marketing Installation here in the presence of Mr. B N Bankapur, Director (Refineries), Mr. R K Ghosh, ED (Haldia Refinery), Mr. Debasish Sen, GM (West Bengal State Office), Mr. Subrata Ghosh, GM (Regional Services), ER, and other senior officials and representatives of collectives in a special function held here on Friday, June 30, 2007. Commissioned at an expenditure of Rs.16.35 crore, the Cryogenic Nitrogen Plant has a capacity of 1350 nm3/hr and provides benefits like provision of Nitrogen blanketing for DHDS feed tank, and increased reliability of nitrogen supply during process exigencies. The commissioning of the plant has resulted in the savings of procurement cost of liquid nitrogen to the tune of Rs. 300 lacs per annum at Haldia Refinery. In his address Mr. Behuria, said, “The commissioning of the Cryogenic Nitrogen Plant is a significant step forward in our collective effort to attain self-sufficiency and lower operating cost of the refinery to enhance the Gross Refining Margin (GRM).” The state-of-the-art CRMB Plant at Haldia is first of its kind in Eastern India with a capacity of 50,000 million tonnes per annum (MTPA) and has been set up to meet the CRMB requirement mainly in Bengal, Bihar, Orissa and the North East. The plant produces all the three grades CRMB (CRMB 50, CRMB 55, and CRMB 60) and is available to customers under the brand “IndianOil CRMB Super” in bulk through tank lorries as well as packed drums. Speaking on the occasion, Mr. Behuria, Chairman, IndianOil, said, “The demand for value added Bituminous products like CRMB has increased considerably after launching of Prime Minister National Highway Development Plan consisting of Golden Quadrilateral and North-South, and East-West Corridors.” He further remarked, “IndianOil has been alive to these requirements and has undertaken development of CRMB formulations after a lot of research work at its world class R&D Centre at Faridabad.”