By Our Correspondent
NEW DELHI/BHUBANESWAR: A Product Application & Development Centre (PADC) has been set up by IndianOil at Paradip with a capex of Rs 43 crores adjacent to its Refinery and Petrochemicals complex, will be inaugurated jointly by Chief Minister Naveen Patnaik and Dharmendra Pradhan, Union Minister of Petroleum & Natural Gas and Steel on Thursday through a virtual platform.Newly built on 5 acres of land with a built up area of 3334 sq.metre was set up to facilitate and support the polymer industry development in Odisha and eastern part of India.
Prime Minister Narendra Modi has given a clarion call for Mission Purvodaya, that is Eastern India driving the national growth and propelling India in balanced manner. As part of this journey, IndianOil has commissioned a 7 Lakh MT of Polypropylene plant at Paradip refinery in February 2019.
The technical centre has become the sixth centre of its kind in the country and second such technical centre of Eastern India. The centre is also recognised laboratory of Department of Scientific & Industrial Research (DSIR) under the Ministry of Science & Technology, Govt of India.
In line with Atmanirbhar Bharat scheme of Govt of India, PADC will be working on development of newer grades from Paradip and curtail polymer imports through substitution. Innovative application development is one of the prime focuses of the centre to replace finished goods imports to the country in niche fabrics and technical textiles etc. The centre will identify area of development of applications of polymeric material and products for enabling India as self reliant promoting indigenous manufacturing.
The centre would also act as a supporting technical centre for polyester yarns and fabrics for the upcoming textile downstream units in Bhadrak and Dhamra. PADC would be working closely in application and developments of polymers in collaboration with other reputed research institutes such as ICT, Bhubaneswar, CIPET and NCL, Pune. The centre is equipped with latest sophisticated testing and processing equipment to cater to the needs of customers and new investors.
PADC, Paradip will support new investors and entrepreneurs for preparing project reports, had holding for setting up of industry and establishing market for the finished products for the investor.
