Latest news with #MRPL
Business Upturn
3 days ago
- Business
- Business Upturn
Mangalore Refinery secures US patent for Iso-Butyl Benzene production technology
By Aman Shukla Published on May 30, 2025, 16:57 IST Mangalore Refinery and Petrochemicals Limited (MRPL) has been awarded a United States patent for its method of preparing iso-Butyl Benzene (i-BB), a key intermediate used in pharmaceutical manufacturing. The patented process, developed in-house, had previously received recognition through an Indian patent. The patented method centers on a side-chain alkylation process that converts a low-value captive stream into iso-Butyl Benzene using a specially engineered catalyst. This catalyst, developed at MRPL's Innovation Centre, is designed to achieve high conversion efficiency and selectivity toward the i-BB product. Iso-Butyl Benzene is an essential raw material in the synthesis of Brufen (ibuprofen), a commonly used non-steroidal anti-inflammatory drug (NSAID). By developing this production process domestically, MRPL aims to reduce dependence on imported intermediates and enhance self-reliance in pharmaceutical ingredient supply. As part of its scale-up efforts, MRPL is currently establishing a pilot plant for i-BB production. This facility will support the transition from laboratory development to commercial-scale manufacturing. The patent and ongoing pilot-scale activities reflect MRPL's focus on advancing technologies relevant to the pharmaceutical and chemical sectors, supporting India's broader goals in local manufacturing and process innovation. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
21-05-2025
- Business
- Time of India
India's Russian oil imports hit 10-month high on strong demand for ESPO crude
India's Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world's third biggest oil importer and consumer is expected to last into July as Indian refiners ordered more than 10 cargoes of June-loading ESPO crude last week, traders said. India's strong demand has led to a rebound in spot premiums for ESPO cargoes delivered to China, the biggest buyer of the crude exported from the Far East port of Kozmino. Crude distillation unit shutdowns at India's major refineries Reliance Industries and MRPL have increased import requirements for feedstock at fluid catalytic crackers on favorable margins, said Jay Shah, a senior oil analyst at consultancy Rystad Energy . He added that some of these cargoes were delivered under a long-term deal between Reliance Industries and Rosneft, noting that cargoes arriving at the western Sikka port for the Indian refiner have increased since the beginning of the year. A source at an Indian refiner, who recently bought some volumes of the light sweet crude, said: "ESPO oil is available in good quantities in the market. Traders are charging a premium of about 50 cents to Dubai prices." Another source said ESPO delivered to India is currently trading at a premium of between 50 cents and $1 per barrel to Dubai prices. More ESPO was offered to India as Chinese state-owned companies continue shunning sanctioned crudes and crude quotas are running tight for Chinese independent refiners, analysts said. India's demand has pushed up ESPO prices for China, traders said. Offers for July-loading cargoes stood at around $2 per barrel premiums for delivery to Chinese ports, up from the $1.50-$1.70 a barrel traded for June-loading cargoes, traders said.
Time of India
21-05-2025
- Business
- Time of India
India's Russian oil imports hit 10-month high on strong demand for ESPO crude
India's Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world's third biggest oil importer and consumer is expected to last into July as Indian refiners ordered more than 10 cargoes of June-loading ESPO crude last week, traders said. India's strong demand has led to a rebound in spot premiums for ESPO cargoes delivered to China, the biggest buyer of the crude exported from the Far East port of Kozmino. Crude distillation unit shutdowns at India's major refineries Reliance Industries and MRPL have increased import requirements for feedstock at fluid catalytic crackers on favorable margins, said Jay Shah, a senior oil analyst at consultancy Rystad Energy. He added that some of these cargoes were delivered under a long-term deal between Reliance Industries and Rosneft, noting that cargoes arriving at the western Sikka port for the Indian refiner have increased since the beginning of the year. A source at an Indian refiner, who recently bought some volumes of the light sweet crude, said: "ESPO oil is available in good quantities in the market. Traders are charging a premium of about 50 cents to Dubai prices." Another source said ESPO delivered to India is currently trading at a premium of between 50 cents and $1 per barrel to Dubai prices. More ESPO was offered to India as Chinese state-owned companies continue shunning sanctioned crudes and crude quotas are running tight for Chinese independent refiners, analysts said. India's demand has pushed up ESPO prices for China, traders said. Offers for July-loading cargoes stood at around $2 per barrel premiums for delivery to Chinese ports, up from the $1.50-$1.70 a barrel traded for June-loading cargoes, traders said.
News18
21-05-2025
- Business
- News18
India's Russian Oil Imports Hit 10-Month High On Strong Demand For ESPO Crude
Last Updated: The robust demand for the lighter Russian grades in the world's third-biggest oil importer and consumer is expected to last into July. India's Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world's third biggest oil importer and consumer is expected to last into July as Indian refiners ordered more than 10 cargoes of June-loading ESPO crude last week, traders said. India's strong demand has led to a rebound in spot premiums for ESPO cargoes delivered to China, the biggest buyer of the crude exported from the Far East port of Kozmino. Crude distillation unit shutdowns at India's major refineries Reliance Industries and MRPL have increased import requirements for feedstock at fluid catalytic crackers on favorable margins, said Jay Shah, a senior oil analyst at consultancy Rystad Energy. He added that some of these cargoes were delivered under a long-term deal between Reliance Industries and Rosneft, noting that cargoes arriving at the western Sikka port for the Indian refiner have increased since the beginning of the year. A source at an Indian refiner, who recently bought some volumes of the light sweet crude, said: 'ESPO oil is available in good quantities in the market. Traders are charging a premium of about 50 cents to Dubai prices." Another source said ESPO delivered to India is currently trading at a premium of between 50 cents and $1 per barrel to Dubai prices. More ESPO was offered to India as Chinese state-owned companies continue shunning sanctioned crudes and crude quotas are running tight for Chinese independent refiners, analysts said. India's demand has pushed up ESPO prices for China, traders said. Offers for July-loading cargoes stood at around $2 per barrel premiums for delivery to Chinese ports, up from the $1.50-$1.70 a barrel traded for June-loading cargoes, traders said. First Published: May 21, 2025, 14:50 IST
The Hindu
17-05-2025
- Business
- The Hindu
MRPL hands over three-wheeler scooters to 19 PwDs
Mangalore Refinery and Petrochemicals Ltd. (MRPL) distributed motorised three-wheeler scooters costing ₹21 lakh to 19 persons with disabilities (PwD) in Mangaluru on Friday. The scooters were handed over during the inaugural function of Praja Soudha at Padil, which was attended, among others, by Chief Minister Siddaramaiah. The initiative, under the company's corporate social responsibility, aims to empower beneficiaries by enhancing their mobility and enabling greater self-reliance in day-to-day activities and livelihood efforts. Most of the recipients were from the surrounding villages of MRPL. M. Shyamprasad Kamath, managing director of the company, and Maneesh Nayak, District Disability Officer, were among those who were present during the handing over ceremony, an MRPL release said on Saturday.
