Indian Oil launches new polymer

Indian Oil launched a high productivity polymer, Propel HDPE 080M60, for injection moulding applications on Friday. “The corporation has implemented petrochemicals projects worth ₹20,500 crore up to 2013-14. Further plans are on the anvil for various petrochemicals projects worth approximately ₹34,000 crore to be launched by 2021-22,” the company said. The polymer of a high productivity polyethylene grade is being launched for the first time..