Indian Oil launched a high productivity polymer on Friday for injection moulding applications on Friday. The polymer is called Propel HDPE 080M60.
The polymer of a high productivity polyethylene grade is being launched for the first time. Indian Oil claims it offers significant improvement in product performance in injection moulding applications such as material handling crates, caps and closures, household articles and thin walled products amongst other uses.
“The corporation has implemented petrochemicals projects worth 20,500 crore up to 2013-14. Further plans are on the anvil for various petrochemicals projects worth approximately 34,000 crore to be launched by 2021-22,” the company said in a statement.