- Indian Oil to Resume Work at Paradip-Hyderabad Pipeline Project
Indian Oil Corporation (IOC) Ltd. has resumed work on its prestigious INR 3800 crore, cross-country Paradip-Hyderabad petroproduct pipeline project in Andhra Pradesh and Odisha. The operations restarted recently after the Central government permitted certain relaxations during the nation-wide lockdown. After the approval from the concerned authorities, the work resumed with limited manpower and necessary precautions. The project is aimed at improving availability of petrol, diesel, kerosene, and aviation turbine fuel in the region through supplies from its Paradip refinery to the demand centres in Odisha, Andhra Pradesh and Telangana. The pipeline has been designed to handle 4.5 million tonne products annually.
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- Coromandel International Resumes Fertilizer Production
Coromandel International (CIL), a leading Indian fertilizer importer and manufacturer has resumed fertilizer production at its Vishakhapatnam unit after relaxation in lockdown restrictions by the Central government. The company recorded a significant reduction in its output at the end of March due to lockdown and reports that its Kakinada facility is still running. The company is one of the leading suppliers of phosphate-based fertilizers in India, with production capacity of 2.94 million tonnes in 2018-19 as per its annual report. The annual capacity of the company is 3.5 million tonnes of phosphate fertilizer, which includes DAP, SSP and NPKs.
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- Building of Suven Pharmaceuticals Ltd. Catches Fire
A major fire broke out at a Suven Pharmaceutical Ltd’s R&D unit at Jeedimetla, Hyderabad on Sunday evening around 4:30 pm. Ten employees were inside the pharmaceutical company when the fire broke out. There has been no news of casualties after the incident took place as all the workers escaped on time. Jeedimetla Station Fire Officer, Subash Reddy stated in an interview that the main cause of fire was a chemical reaction that took place inside the plant which in no time led to explosion of the reactors causing the outbreak of fire.
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Source: ChemAnalyst
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