Chennai Petroleum Corporation Ltd

Past performance
Performance overview
Chennai Petroleum Corporation Ltd
About Chennai Petroleum Corporation Ltd Chennai Petroleum Corporation Limited (CPCL), established in 1965 and formerly known as Madras Refineries Limited, is a prominent player in the crude oil refining sector, producing a diverse range of petroleum products and lubricating oil additives. As a subsidiary of Indian Oil Corporation Limited, CPCL operates two refineries located in Manali and the Cauvery Basin, with a combined refining capacity of 10.5 Million Tonnes Per Annum (MMTPA). The Manali Refinery is noted for its complex facilities producing fuel, lube, wax, and petrochemical feedstocks. CPCL has seen significant growth and technological advancements, such as the implementation of the Resid Upgradation Project and other infrastructure improvements to enhance production and operational efficiency. It has expanded its crude processing capabilities by adding new crude grades and has also been involved in innovative projects like producing missile fuel for DRDO. CPCL's commitment to sustainability is reflected in its investments in solar power and other eco-friendly initiatives. The company's strategic initiatives and collaborations aim to maximize crude oil processing, improve product quality, and increase market reach.
Website cpcl.co.in
Founded 1965
Headquarters Chennai