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Indian Petrochemicals Corporation Limited
Indian Petrochemicals Corporation Limited (IPCL) was a petrochemicals company in India. At the time of its divestment to Reliance Industries Limited, its turnover for the financial year 2005-06 had crossed the US $2 billion mark. History IPCL was established on 22 March 1969, as a Government of India undertaking, with the objective of promoting the development of the petrochemical industry in India. Prime Minister Smt. Indira Gandhi, invited Shri Jayant Jyotendra Mehta (who had built the National Rayon plant at Kalyan) to head the IPCL project. Jayant J. Mehta was the founder Chairman and Managing Director of IPCL. The Company began construction of its first petrochemicals complex at Vadodara in 1970. Commercial production at the complex commenced in 1973. The Company’s second petrochemicals complex in Nagothana was commissioned in 1992 and its third complex at Gandhar was commissioned in 1996. In August 1992, the Company’s shares were listed on all the major stock exchanges ...
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Petrochemical Industry
The petrochemical industry is concerned with the production and trade of petrochemicals. A major part is constituted by the plastics (polymer) industry. It directly interfaces with the petroleum industry, especially the downstream sector. Companies The top ten global petrochemical companies based on the 2008 revenues – excludes state-owned companies: Countries and sites *Marun petrochemical complex Technology Conferences *Asia Petrochemical Industry Conference *International Petrochemical Conference by the AFPM Associations *American Fuel and Petrochemical Manufacturers (AFPM) *European Petrochemical Association *Gulf Petrochemicals and Chemicals Association Awards *Medal "For the Tapping of the Subsoil and Expansion of the Petrochemical Complex of Western Siberia" *Petrochemical Heritage Award See also *Aqueous Wastes from Petroleum and Petrochemical Plants ''Aqueous Wastes from Petroleum and Petrochemical Plants'' is a book about the composition and treatment of th ...
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Dadra And Nagar Haveli And Daman And Diu
Dadra and Nagar Haveli and Daman and Diu is a union territory in India. The territory was constituted through the merger of the former territories of Dadra and Nagar Haveli and Daman and Diu. Plans for the proposed merger were announced by the Government of India in July 2019; the necessary legislation was passed in the Parliament of India in December 2019 and came into effect on 26 January 2020. The territory is made up of four separate geographical entities: Dadra, Nagar Haveli, Daman, and the island of Diu. All four areas were part of Portuguese Goa and Damaon with the former joint capital in Panjim, they came under Indian rule in the mid-20th century after the Annexation of Goa. These were jointly administered as Goa, Daman and Diu until 1987, when Goa was granted statehood after the Konkani language agitation. The current capital is Damaon and Silvassa is the largest city. History Daman and Diu were Portuguese colonies from the 1520s until annexed by India on 19 Decemb ...
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Non-renewable Resource Companies Established In 1969
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ...
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Chemical Companies Established In 1969
A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., without breaking chemical bonds. Chemical substances can be simple substances (substances consisting of a single chemical element), chemical compounds, or alloys. Chemical substances are often called 'pure' to set them apart from mixtures. A common example of a chemical substance is pure water; it has the same properties and the same ratio of hydrogen to oxygen whether it is isolated from a river or made in a laboratory. Other chemical substances commonly encountered in pure form are diamond (carbon), gold, table salt ( sodium chloride) and refined sugar ( sucrose). However, in practice, no substance is entirely pure, and chemical purity is specified according to the intended use of the chemical. Chemical substances exist as solids, liqu ...
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Companies Based In Vadodara
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Petrochemical Companies Of India
Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane. The two most common petrochemical classes are olefins (including ethylene and propylene) and aromatics (including benzene, toluene and xylene isomers). Oil refineries produce olefins and aromatics by fluid catalytic cracking of petroleum fractions. Chemical plants produce olefins by steam cracking of natural gas liquids like ethane and propane. Aromatics are produced by catalytic reforming of naphtha. Olefins and aromatics are the building-blocks for a wide range of materials such as solvents, detergents, and adhesives. Olefins are the basis for polymers and oligomers used in plastics, resins, fibers, elastomers, lubricants, and gels. Global ethylene production was 190 million tonnes and prop ...
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Pharmaceutical Industry Of India
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management. Drugs are classified in multiple ways. One of the key divisions is by level of control, which distinguishes prescription drugs (those that a pharmacist dispenses only on the order of a physician, physician assistant, or qualified nurse) from over-the-counter drugs (those that consumers can order for themselves). Another key distinction is between traditional small molecule drugs, usually derived from chemical synthesis, and biopharmaceuticals, which include recombinant proteins, vaccines, blood products used therapeutically (such as IVIG), gene therapy, monoclonal antibodies and cell therapy (for instance, stem cell therapies). Other ...
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Pharmaceutical Industry Of Gujarat
The Pharmaceutical industry in Gujarat ranks number one in India with a 33% share in drug manufacturing and 28% share in drug exports. The state has 130 USFDA certified drug manufacturing facilities. Ahmedabad and Vadodara are considered as pharmaceutical hubs as there are many big and small pharma companies established in these cities. Gujarat is one of the major states in India and has a significant presence in the pharmaceutical industry. The state is home to several large pharmaceutical companies: Sun Pharmaceuticals , Cadila Pharmaceuticals, Torrent Pharmaceuticals, Alembic Pharmaceuticals, Intas Pharmaceuticals, Zydus Lifesciences, Amneal Pharmaceuticals , USV Pharmaceuticals, Baxter Healthcare and Outsuka Pharma more. Overview Gujarat has become a hub for the pharmaceutical industry, with several established companies such as Torrent Pharmaceuticals, Zydus Lifesciences, Cadila Pharmaceuticals, Alembic Pharmaceuticals, Sun Pharma, Claris, Intas Pharmaceuticals, a ...
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Reliance Industries
Reliance Industries Limited is an Indian multinational conglomerate company, headquartered in Mumbai. It has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue. It is also the one of the top largest employer in India with over 236,000 employees in the world. The company is ranked 100th on the Fortune Global 500 list of the world's biggest corporations as of 2022. Reliance continues to be India's largest exporter, accounting for 7% of India's total merchandise exports and it has access to markets in over 100 countries. Reliance is responsible for almost 5% of the Government of India's total revenue from customs and excise duty. It is also the highest income tax payer in the private sector in India. The company has relatively ...
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Disinvestment Of Public Sector Units In India
Disinvestment in Public sector undertakings in India is a process of public asset sales done by the President of India on behalf of the Government of India. It can be directly offered for sale to the private sector or indirectly done through a bidding process. The Public Enterprises Survey (2015–16), brought out by the Department of Public Enterprises, Ministry of Heavy Industries, & Government of India on the performance of Central Public Sector Enterprises was placed in both the Houses of Parliament on 21 March 2017. There were 331 CPSEs in 2017-18, out of which 257 were in operation. The remaining 74 of the CPSEs were being established. Following the theories of Economic Liberalism and Infrastructure-based development as referenced in the Union Budget of India, the total expenditure of the Government of India increased from ₹1,13,422 crore in 1991–92 to ₹ 21,46,735 Crore in 2017–18. To help raise the necessary capital for these expenditures and also to minimize the n ...
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Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ...
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