- Hindustan Petroleum
Infobox_Company
company_name = Hindustan Petroleum Corporation Limited
company_
company_type = PSU (Trading on BSE & NSE)
company_slogan =
foundation = 1976| location =
key_people = Arun Balakrishnan,Chairman & MD
num_employees = ~10,778 (2006)
revenue = (March 2008)
industry =Petroleum
products =Oil , LPG
homepage = [http://www.hindustanpetroleum.com/ www.hindustanpetroleum.com]HPCL (Hindustan Petrolem Corporation Limited) is a Fortune 500 and Forbes 2000 Navaratna mega Public Sector Undertaking in oil refining & marketing business, with an annual turnover of over Rs. 1, 03, 837
crore s ($25142 Million) (FY 2007-08), 16% Refining & Marketing share in India and a strong market infrastructureThe Company was incorporated in 1952 as Standard Vacuum Refining Company of India Limited. In 1962, the name was changed to ESSO Standard Refining Company of India Limited. Hindustan Petroleum Corporation Limited comes into being after the takeover and merger of erstwhile Esso and Lube India Undertaking in 1974. In 1976, Caltex Oil Refining Ltd. was taken over by the Government of India and subsequently merged with HPCL in 1978. In 1979, Kosan Gas Company, the concessionaries of HPCL in the domestic LPG market, were taken over and merged with HPCL.
Company Profile
HPCL, with a
Fortune Global 500 rank of 290 (2008), is one of the major integrated refining and marketing oil company inIndia . It is a mega Public Sector Undertaking (PSU) with 'Navratna' status.HPCL accounts for about 16% of the market share and 10.3% of the nation’s refining capacity with two coastal refineries, one at 'Mumbai' (West Coast) having a capacity of 5.5 MMTPA and the other in Vishakapatnam (East Coast) with a capacity of 7.5 MMTPA. HPCL also holds an equity stake of 16.95% in Mangalore Refinery & Petrochemicals Limited (MRPL), a state-of-the-art refinery at Mangalore with a capacity of 9 MMTPA. HPCL is well on its way towards setting up another grassroot refinery in the state of Punjab, called Guru Gobind Singh Refineries Limited.
HPCL also owns and operates the country’s largest Lube Refinery, producing Lube Base Oils of international standards. With a capacity of 335,000 Metric Tonnes. This refinery accounts for over 40% of the country’s total Lube Base Oil production.
The vast marketing network of the Corporation consists of Zonal offices in the 4 metro cities and over 85 Regional offices facilitated by a Supply & Distribution infrastructure comprising Terminals, Aviation Service Stations, LPG Bottling Plants, and Inland Relay Depots & Retail Outlets.
Products
#
Petrol
#Diesel
#AutoLubricants
#LPG
#Aviation Turbine Fuel
#LPG Again.
#LPG C.Pratap.Refineries
HPCL has a number of refineries in India. Some are listed below:
#Mumbai Refinery - 5.5Million MetricTon nes (MMT) Capacity
#Visakhapatnam Refinery - 7.5 MMT at VisakhapatnamInternational rankings
#HPCL is a
Fortune Global 500 company as per the ranking of 2008. It was ranked at position 290. It moved to position 336 for 2007 rankings.
#HPCL was featured on theForbes Global 2000 list for 2005 at position 1189External links
* [http://www.hindustanpetroleum.com www.hindustanpetroleum.com]
* [http://money.cnn.com/magazines/fortune/global500/2006/snapshots/3900.html HPCL on Fortune Global 500]
* [http://www.forbes.com/lists/2006/18/06f2000_The-Forbes-2000_Counrty_5.html HPCL on Forbes 2000 List]
Wikimedia Foundation. 2010.
