GUWAHATI, Feb 3 - Prime Minister Narendra Modi will dedicate the Numaligarh Refinery Ltd’s (NRL) recently-commissioned Wax Plant to the nation on February 5, at a public function to be held in Dibrugarh, stated an NRL press release here today.
The 50,000-metric tonne wax plant, commissioned in March, 2015 at a cost of Rs 676 crore, is the country’s largest wax producing unit with indigenous technology developed by the Indian Institute of Petroleum (IIP) of Dehradun, the Engineers India Ltd and the NRL.
Leveraging on the inherent properties of wax rich crude oil from the oil fields of Assam, the plant is designed to produce superior quality paraffin and semi-microcrystalline wax and is a worthy manifestation of the ‘Make in India’ campaign of the Union Government.
At present, a major part of the country’s annual demand for paraffin wax, along with the entire demand for microcrystalline wax, is being met through imports.
The NRL Wax Plant will reduce the deficit in supply in the domestic market substantially, thus reducing imports.
The NRL is also exploring opportunities to export wax to the neighbouring countries aligning with the ‘Act East Policy’ of the Union Government.
The wax plant will also open up opportunities for ancillary industries to thrive, while creating avenues for large scale employment. The utility of paraffin wax lies in making candles, tarpaulin sheets, food grade wrappers and in PVC pipe manufacturing industries, while microcrystalline wax finds widespread application in the manufacture of tyres, rubber products, paints and polishes, pharmaceuticals and cosmetics.