The partnership includes the use of IOCL's PatentedDRA technology at Dorf Ketal's manufacturing facility in Dahej, Gujarat.
Indian Oil Corporation Ltd. (IOCL) has announcedits partnership with Dorf Ketal Chemicals India Pvt Ltd, wherein IOCL'sPatented Drag Reducing Agents (DRA) technology will be utilized to manufacturethe DRA at Dorf Ketal’s manufacturing unit at Dahej, Gujarat. This agreement isseen to serve the Indian hydrocarbon industry in competing with MNC's and caterto the growing global demand, thus expanding the Indian revenue cycle support.
Sudhir Menon, Chairman and Managing Director,Dorf Ketal, while expressing his views at the R&D conclave organized byFIPI in New Delhi, stated, "We see a major synergy through thissignificant partnership between IOCL R&D and Dorf Ketal. Our Indian R&Dand science communities have been recognized for creating game-changingtechnologies and goods, but they have lacked market agility. Although these aretesting times for those in the oil and gas industry, we are confident that DorfKetal, with its global presence, will be able to produce and sell thiscommodity efficiently with the expertise of our Indian scientists. We areconfident that in the future, we will see a plethora of innovative products& applications launched through this partnership.”
Drag Reducing Agents (DRAs) are speciallyformulated polymers that increase the ability of pipelines transportinghydrocarbons (crude oil and finished fuels) to meet the country's growingenergy demand. When deployed, it assists the hydrocarbon pipeline operator intransporting more than 30% of the designed capacity, minimizing costsassociated with installing new pipelines, which results in delays, expensiveland acquisition, and a higher overall cost of setting up pumping stations.
“We are confident that in the future, we willsee a plethora of innovative products & applications launched through thispartnership.”SudhirMenon, Chairman and Managing Director, Dorf Ketal.