Latest Paradip Stories

2009-07-14 06:45:00

PASADENA, Calif., July 14 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from Indian Oil Corporation Ltd. (IOCL) to provide project management consultancy (PMC) services for a delayed coker unit (DCU) at its Paradip refinery in the State of Orissa. IOCL's Paradip refinery is a 15 MMTPA facility. Officials did not disclose the contract value. The total installed cost of a DCU is estimated at US $350 million. Jacobs will...

2008-10-01 06:00:45

Researched by Industrial Info Resources (Sugar Land, Texas) -- A five-company consortium consisting of Hindustan Petroleum Corporation Limited (HPCL) (BSE:500104) (Mumbai), steel magnate Lakshmi N. Mittal's group, GAIL (India) Limited (BSE:532155) (New Delhi), Oil India Limited (Duliajan, Assam), and Total S.A. (NYSE:TOT) (Paris) signed an agreement in October 2007 to build a refinery-plus-petrochemical plant in Vizag, Andhra Pradesh. The plant, estimated to cost about $6 billion, will have a...

2008-07-18 00:00:28

By Sanjay Dutta NEW DELHI: Flagship refiner-marketer IndianOil Corporation has decided to dump the petrochemicals part from its mega project planned at Paradip in Orissa and will work on only the refinery, for now. Officially, the reason given is shortage of money but industry sources doubted it, saying the move could be due to pressure from a business house that is reported to be loathe to emergence of any other big petrochem player. The IndianOil board has given its in-principle nod...

2008-07-16 09:01:03

Researched by Industrial Info Resources (Sugar Land, Texas) -- The government of southern China's Guangdong Province has announced plans to invest $43.5 billion in the next five to seven years to increase its refining capacity. The projects will include refineries and ethylene-production plants, including a 150 million-ton-per-year integrated refining-chemical project between China and Kuwait by China Petroleum & Chemical Corporation (NYSE:SNP) (Sinopec) (Beijing). For details, view the...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.