Indian Oil Corporation
Indian Oil Corporation (IOC) is India's largest commercial enterprise, primarily engaged in refining, pipeline transportation, and marketing of petroleum products. It also has interests in petrochemicals and explores clean energy solutions.
Indian Oil Corporation (IOCL) is India's largest integrated petroleum company, headquartered in New Delhi, with a diversified portfolio spanning refining, pipeline transportation, and marketing of petroleum products. It operates a substantial network of refineries, pipelines, and retail outlets. While primarily known for fuels, the company also produces a range of petrochemicals, including base chemicals like naphtha, aromatics (benzene, toluene, xylene), and olefins. Its petrochemical division, Indian Oil's Petrochemicals business, manufactures products such as polypropylene (PP), and operates a naphtha cracker and downstream units. IOCL's market position is dominant in India's fuel and refinery sector, with a growing presence in petrochemicals to capture vertical integration benefits. The company also engages in research and development, including alternative energy initiatives, but its core specialties remain refining and fuel marketing.
