Chennai Petroleum Corp Ltd - Company Profile
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Business Description
Chennai Petroleum Corp Ltd (CPCL), a subsidiary of Indian Oil Corp Ltd, is an oil refining company. It produces multiple types of fuel products, lubricants, and additives. Its products include liquefied petroleum gas, aviation turbine fuel, naphtha, high-speed diesel, bitumen, superior kerosene and motor spirit.
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R&D Overview
CPCL is actively engaged in a range of R&D initiatives focused on innovation, sustainability, and operational excellence. The company is developing indigenous processes for specialty chemicals like dearomatized kerosene (DAK) and has established new facilities such as a Total Nitrogen/Total Sulphur analyzer and an Alkaline Water Electrolyzer. CPCL is also involved in industry-academia collaborations, including projects on corrosion inhibitors and green hydrogen generation. The company is committed to enhancing its product offerings, such as pharma-grade hexane and microcrystalline wax, and is upgrading its Lube Oil Base Stock capabilities to reduce import dependency and align with cleaner fuel norms. CPCL's R&D units include the Special Instruments Laboratory, Petroleum Testing Laboratory, Catalyst Testing Laboratory, and Pilot Plant Facility. CPCL has been granted eight patents and has filed 2 additional patents. The company has established major technology alliances through collaborations with institutions like the Indian Institute of Technology Madras (IITM) and Rajiv Gandhi Institute of Petroleum Technology (RGIPT) for various research projects. In FY2025, the company spent INR127.3 million on R&D, which as a percentage of revenue stood at 0.01%.
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