NEWS

Tuesday, 4 October 2016

Mozambique and USA Next on NRL, Assam’s List To Dominate Global Market


Numaligarh Refinery Ltd, Assam, had always remained as the main economic backbone of the state which has much evolved on deliverance of variety and garnered for best quality products in potent amount where after success with Nepal and Kenya in Paraffin Wax export business it has added another feather to its cap by adding Mexico in the list with first consignment dispatch at Amingaon in Guwahati.


This year after Nepal, Bharat Petroleum Corporation Ltd's Assam refinery based Numaligarh Refinery Limited (NRL)oil refiner-marketer has made dramatic sales output of its heavy ends product like Paraffin Wax with successful dispatch of 60 metric tones (MT)to Kenya from Kolkata port. Now with growing volume of Paraffin Wax, NRL can steadily and strongly can take hold of global market at large. 


Mozambique and USA are next in the list for NRL Wax export as it has become a reckoned brand name in the global market. Today in the domestic market domain, NRL holds near to 60% market share for highest producer of wax. Demand for wax lies not only in candle makings but equivalently serves the purpose of  food grade wrappers and in PVC pipe manufacturing, rubber products, tyres, paints, pharmaceuticals, cosmetics, polishes and tarpaulin sheets production.



This 50,000MT wax plant which was set up at worth of Rs 676 crore by NRL Indian Institute of Petroleum, Dehradun and Engineers India Limited in March 2015 with genuine technology implant is popular for being nation's biggest wax-producing unit. Its competitors like Indian Oil Corporation's Digboi refinery and Chennai Petroleum Corporation Ltd are also involved in annual paraffin wax delivery in India.



According to the 'Hydrocarbon Vision 2030' for Northeast,India this eastern belt of the nation has enormous contribution to position it as important wax hub.  The NRL mission ends not only in wax distribution but also serving the nation appropriately with futuristic plan for ancillary industries set up and drive out unemployment at larger scale.

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