Paradip: Odisha Chief Minister Naveen Patnaik and Union Petroleum & Natural Gas Minister Dharmendra Pradhan on Thursday inaugurated the Product Application and Development Centre of Indian Oil Corporation Limited at Paradip through a video conferencing.
In order to facilitate and support the development of polymer industry in Odisha and eastern part of the country, a Product Application and Development Centre (PADC) has been set up by the Indian Oil Corporation Ltd (IOCL) at Paradip with a capital expenditure of Rs 43 crore.
It has been built on 5 acres of land near IOCL’s refinery and pharmaceutical complex. The technical centre, the sixth of its kind in the country and second such technical establishment in the east, is a recognised laboratory of the Department of Scientific and Industrial Research (DSIR) under the Ministry of Science and Technology.
In line with ‘Atmanirbhar Bharat’ scheme of the Union government, the PADC will be working on development of newer grades from Paradip and curtail polymer imports through substitution.
The PADC would be working closely in application and development of polymers in collaboration with research institutes such as Institute of Chemical Technology (ICT), Bhubaneswar, Central Institute of Plastics Engineering and Technology (CIPET), Chennai and National Chemical Laboratory (NCL), Pune.
