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Bongaigaon Refineries and Petrochemicals Ltd.

BSE: 500072 | NSE: BONGAIREFN | Series: NA | ISIN: INE241A01012 | SECTOR: Refineries

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Dec 27, 11:22
45.70 0.65 (1.44%)
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8,182,549
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Bongaigaon Refineries and Petrochemicals is not listed on BSE

NSE Live

Dec 27, 11:22
45.60 0.50 (1.11%)
Volume
No Data Available
14,243,987
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    45.10

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Bongaigaon Refineries and Petrochemicals is not listed on NSE
Company History - Bongaigaon Refineries and Petrochemicals
1974
 
 -Bongaigaon Refinery & Petrochemicals (BRPL) was incorporated in
 1974,
 in Assam. The

 company has a refining capacity of approximately 2.35 mtpa.
 
 -It also houses a petrochemical complex for the manufacture of
 xylene,
 DMT, orthoxylene, paraxylene and polyester staplefibre (PSF).
 
 - The company is a major exporter of PSF to Bangladesh, Belgium,
 France, Iran, Vietnam, etc. Most of its products are marketed done
 by
 Indian Oil Corporation (IOCL).
 
 
 OPERATIONS :
 
 Crude Throughput : The Refinery processed 1,179,120 tonnes of crude
 oil
 during the year 1994-95 against actual receipt of 1,176,292 tonnes
 for
 processing, and Actual plan target was 1,280,000 tonnes. The
 Refinery
 processed 1,215,714 tonnes of crude oil during the year 1995-96,
 against actual receipt of 1,215,459 tonnes for processing, and
 actual
 plan target was 1,800,000.
 
 Polyster Staple Fibre : Stream-1 and total ofsite facilities were
 declared for commercial production from May, 1988 and the balance
 part
 of Stream-2 from September, 1988. The total production of PSF during
 the year was 5430 MT inclusive of trial production of 696 MT.
 
 PROJECTS :
 
 A) Product Application Centre : A product application centre has
 been
 set set up during the year 1992-93, to provide technological back-up
 to
 the Fibre Consumers as well as to undertake improvement oriented
 activities.
 
 B) Waste Fibre Recovery Unit : A Waste Fibre Recovery Unit based on
 Dupont Technology to process the Waste Fibre generated in the PSF
 plant
 has been commissioned on May 11, 1993. This plant not only converts
 waste to value added products but also helps in improving
 environment.
 
 C) Tankage : Following the guidelines established by Oil
 Coordination
 committee, the capacity for the storage of Crude, High speed Diesel
 Oil
 and Kerosene is being augmented to create the necessary operational
 and
 maintenance flexibility.  For the same reason additional tankage is
 being constructed for Para-Xylene, Slop, ATF, Ceenine Solvent and DM
 Water.  11 nos of Product Tanks and 2 nos of Crude Oil Tanks have
 been
 completed in September, 1992 and December, 1992 respectively and
 commissioned durign the year 1992-93.
 
 D) Refinery Expansion Project : The proposal for expanding the
 refining
 capacity from existing 1.35 MTPA to 2.35 MTPA was approved by the
 Government on 30th December, 1991. The components of this project are
 :
 
 1) Augmentation of Crude Refining capacity from 13,50,000 tpa to
 23,50,000 tpa (Crude Distribution Unit).
 
 2) Augmentation of Secondary processing capacity from 5,00,000 tpa
 to
 10,00,000 tpa (Delayed Coker Unit).
 
 3) Creation of LPG Recovery capacity of 27,900 tpa.
 
 4) Augmentation of Xylene Plant Reformer Unit Naphtha Processing
 capacity from 80,000 tpa to 1,07,000 tpa.
 
 E) LPG Bottling Plant: Government clearance for setting up of an LPG
 Bottling Plant with a capacity of 22,000 tpa adjacent to the
 refinery
 premises was obtained in June, 1995.  Land acquisition for the plant
 is
 completed and land development work is in progress. M/s. EIL has
 been
 engaged as a consultant for the Project.
 
 F) Expansion of DMT Plant: As per the agreement with M/s. Huls
 Troisdort AG of Germany, to examine the feasibility of expanding the
 capacity of the DMT Plant from 41,500 to about 50,000 tpa, an
 in-plant
 study was completed by them. The Feasibility Report from M/s. Huls
 AG
 is due in September,1996.
 
 G) Modernisation of PSF Plant: Technology Transfer Agreement with
 M/s.
 Dupont, USA executed for incorporation of new technologies for
 production of black fibre, vacuum improvement in Continuous
 Polymerization, toner injection for colour improvement and use of
 single end tie-in device in spinning. Apart from the above, a
 relaxed
 draw line is being converted to an annealed draw line. EIL has been
 engaged as the Engineering Consultant for the project. The project
 is
 expected to be completed in 1998.
 
 Environment-related Projects:
 
 (1) Residue Methanolysis and Catalyst Recovery Project:
 
 Construction activities of Residue Methanolysis and Catalyst
 Recovery
 Unit with technical knowhow of M/s. Huls Troisdort AG of Germany to
 reprocess certain residue generated in DMT Plant are in progress.
 
 (2) Continuous Stack Monitoring and Ambient Air Monitoring
 facilities:
 
 Installation of the Continuous Stack Monitoring and Ambient Air
 Monitoring facilities is in progress. The equipment have been
 received
 at site and the project is scheduled to be completed in 1996-97.
 
 (3) Tertiary Treatment Plant
 
 The Tertiary Treatment Plant, to enable reuse of treated liquid
 effluent is in advanced stage of completion.  The plant will be
 ready
 for commissioning in 1996-97.
 
 H) Encon Projects :
 
 The status of various energy conservation projects is outlined
 below:
 
 (1) Low Level Heat Recovery in Crude Distillation Unit :
 
 Draft Process Package from M/s. EIL has been received and
 procurement
 action for selected items has been initiated.
 
 (2) Preheat Train Improvement/Crude Column Optimisation:
 
 Detailed Feasibility Report From M/s. EIL has been received and
 detailed engineering is in progress.
 
 (3) Crude Oil Desalter in Crude Distillation Unit:
 
 Enquiry has been floated with revised scope of work.
 
 (4) Waste Heat Boiler in Coke Calcination Unit:
 
 Invitation of bids is in progress.
 
 Township Phase-V:
 
 Construction of 58 blocks (232 units) of 'B' type quarters has been
 completed. Construction of 'C' type and 'D' type quarters is in
 progress.
 
 Following other projects have been completed during the year
 1993-94.
 
 1) Product Storage and Despatch Facilities - MS and MS component
 (LAE)
 tankages.
 
 2) Additional HSD and SKO Truck loading bays.
 
 3) Cee-Nine loading facilities.  
 
 4) Truck Unloading facilities for Methonol and P-Xylene.  
 
 5) BG Loading of SKO\MS.
 
 6) Doping of blue dye in SKO.
 
 E) Development of Small Scale Industries and Anciallary : During the
 year 1990-91, the company has put in considerable efforts towards
 import substitution and has developed a good number of local vendors
 for supply of spares and chemicals.  Efforts were were also made to
 develop and sustain Small Scale Industries, for supply of packaging
 materials, spares etc.
 
 Future Projects:
 
 Perspective Plan
 
 The future business strategy of the Company was reviewed in a study
 carried out by the Indian Institute of Management, Ahemdabad and the
 same has been the basis of preparation of a Perspective Plan for the
 Company for the period upto 2006-07 to enable faster growth.
 
 Benzene Plant and Expansion of Xylene Plant:
 
 Feasibility Reports of these projects are under consideration. The
 Projects when implemented would enable value addition to aromatic
 rich
 naphtha from Assam crude and open up new avenues in Petrochemical
 business.
 
 Hydrotreatment of Coker Light Gas Oil (LGO) for upgrading to HSD:
 
 This project envisages upgrading low value Coker Light Gas Oil to
 HSD,
 utilising hydrogen available from the Reformer Unit of the Xylene
 Plant. The first stage clearance of the project has been received in
 June, 1996.
 
 AWARDS : BRPL was the proud winner of Jawahar Lal Nehru Award for
 Energy Conversion  from the Ministry of Petroleum and Natural Gas of
 the Government of India for best performance in reduction of energy
 consumption and fuel loss in the refinery sector during the year
 1990-91. The company was awarded the first prize for Energy
 Conservation in the Petrochemical sector for the year 1993.
 
 - Govt. of India (GOI) to sell its entire shareholding in BRPL to
 IOC.
 The GOI disinvested 14,87,93,826 shares (74.46% of the paid up
 Capital)
 in favour of IOCL on 29.03.2001 thus making BRPL a subsidiary of
 IOCL.
 
 2000 
 
 - Indian Oil Corporation and Bongaigaon Refinery and
 Petrochemicals Ltd. have signed an agreement for development of
 pipeline hookup facilities for transporting imported crude oil to
 BRPL's refinery.
 
 2002
 
 -Bongaigaon Refinery & Petrochemicals Ltd has informed that Shri B K
 Mittal, Executive Director (ER), IOCL, Kolkata and Shri P K Atreya,
 GM I/C (Supplies), Marketing (HO), IOCL, Mumbai (as nominated by
 Indian Oil Corporation Limited) has been appointed as Directors of
 the Company in place of Shri M B L Agarwal and Shri S Basu
 respectively with effect from November 22, 2002. Further, Shri Ajay
 Tyagi, Director, Ministry of Petroleum & Natural Gas has been
 appointed as a Director of the Company in place of Shri Ashok Chawla,
 Joint Secretary (PC), Department of Chemicals & Petrochemicals with
 effect from November 25, 2002.
 
 2003
 
 -Government approved for the proposal to allocate 1.5million tonnes
 of Ravva Crude
 to Bongaigaon Refinery and Petrochemicals Ltd.
 
 -Mr.P.S.Rao, Executive Director & Mr. P.K Chakraborty, General
 Manager  have been
 appointed as the Directors on the Board of the Company.
 
 2004
 
 -Bongaigaon Refinery & Petrochemicals Ltd has informed that the Delhi
 Stock Exchange Association Ltd vide their letter dated February 10,
 2004 has delisted the securities of the company wef February 11,
 2004
 
 -Shares delisted from Madras Stock Exchange
 
 -Bongaigaon Refinery & Petrochemicals Ltd has informed that Shri K K
 Acharya, Executive Director (Operations), Refineries Division, IOCL
 (as nominated by Indian Oil Corporation Limited) has been appointed
 as a Director of the Company in place of Shri P S Rao w.e.f. July 19,
 2004
 
 2005
 
 -Delist equity shares from Calcutta Stock Exchange Association Ltd
 (CSE) w.e.f. March 01, 2005. However, considering the interest of the
 general investors, the Company have simultaneously been shifted to
 Permitted Category of the CSE.
 
 2008
 
 - Bongaigaon Refinery & Petrochemicals Ltd has informed that the
 Office of the
 Comptroller & Auditor General of India vide letter dated July 31,
 2008 has re-appointed M/s. Ghoshal & Ghosal, Chartered Accountants,
 Kolkata as the Statutory Auditors of the Company for the year
 2008-09.