Paradip: Odisha Chief Minister Naveen Patnaik and Union Petroleum & Natural Gas Minister Dharmendra Pradhan today 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.
There are 4 laboratories in PADC namely Polymer Processing Lab, Analytical Testing Lab, Chemical Analysis Lab and Characterisation Lab. The Technical centre is equipped with 50 latest sophisticated polymer testing and processing equipment to cater to the needs of customers and new investors.
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.
“This centre will not only perform a pivotal role in developing new materials and innovative applications but will also provide support to investors in setting up manufacturing units in the plastic and polymer sectors,” said the Chief Minister.
He said it should emerge as one of the centres of excellence in the field of polymer applications.
Pradhan said it will help in creation of polymer-based industrial clusters across Odisha and facilitate several downstream industries.
He said it will facilitate and support the development of polymer industry in Odisha and eastern part of the country.
(with agency inputs)