IndianOil and Lummus Technology, USA have a Cooperation Agreement for global marketing, licensing & improvement of INDMAX technology. This Agreement between IndianOil and Lummus has been renewed. The revised agreement was signed by Dr SSV Ramakumar, Director (R&D), IndianOil and Mr. Leon De Bruyn, President, Lummus Technology, in the presence of senior officials from IndianOil R&D and Lummus.
Under the Cooperation Agreement, till now, nine INDMAX units – with a total capacity of about 17 MMTPA – have been licensed. Grassroots units at Paradip and Bongaigaon and revamped unit at Guwahati have been commissioned and are in operation. Further, design of four grassroots units in refineries at Gujarat, Panipat, CBR-CPCL, NRL and two revamped units in refineries at Barauni and NIS, Serbia have been completed and are currently under different stages of detailed engineering and construction.
