IOCL has already commissioned its state of the art Paradip Refinery in 2016 and will be commissioning a Polypropylene Plant of 700 KTA at Paradip, Odisha by 2018. This plant will be providing raw material for downstream Industries such as Plastic Furniture, Cement Bags, Packaging Films, Non-Woven bags for domestic and export markets at Odisha. The plant will help emergence of world classPetrochemical ecosystem in Eastern Region.
Technical Skills development is a pre-requisite for leveraging the advantages of this world class Petrochemical ecosystem and ICT which has a glorious history of 78 years, having produced many Industrialists, academics, scientists of world repute such as Padmavibhushan Prof MM Sharma, Member Scientific Advisory Committee,Dr. RA Mashelkar, former DG CSIR etc.is going to play a pivotal role by extending its expertise to Plastic processing Industry.
This institute has been spearheading various projects from the UGC, DAE, DBT, DST and other agencies, and Indian and Foreign Industries with several centres of excellence including Chemical Engineering, Food Engineering, Textiles, Dyes and Polymers. The faculty is highly accomplished with multi-disciplinary interests and decorated with national and International awards and honours including 19 Padma Awardees.
The joint cooperation between IOCL and ICT will act as a catalyst for exponential growth of thisPetrochemical ecosystem which will result in attracting Investments and entrepreneurs to Eastern Region and also support in creating employment opportunities for the local population by focussing on skill development and thus accomplish the goal of development of Eastern Region.