Public Sector | |
Industry | Oil refinery |
Founded | April 27, 1963 |
Headquarters | Kochi, India |
Products | Petrochemical |
Owner | Bharat Petroleum Corporation Limited |
Parent | Bharat Petroleum Corporation Limited |
Website | BharatPetroleum.com |
The Kochi Refinery (KR) is a public crude oil refinery in the city of Kochi, in the state of Kerala, India. It has a production capacity of 9.5 million tons per annum. Formerly known as Cochin Refineries Limited and later renamed as Kochi Refineries Limited, it was acquired by Bharat Petroleum Corporation Limited in the year 2006.
Kochi Refinery started when Government of India, Phillips Petroleum Company of USA and Duncan Brothers of Calcutta signed an agreement for the construction of a petroleum refinery in south India, in Kochi, Kerala.
The company was formally registered, as Cochin Refineries Ltd (CRL), on 6 September 1963 at Ernakulam. Phillips Petroleum International Corporation was the prime contractors for the construction of the refinery. Construction work started in March 1964 and the first unit came on stream just after 29 months in September 1966. The Prime Minister of India Ms.Indira Gandhi inaugurated it on 23 September 1966.
In 2006, Kochi Refinery was acquired by the Bharat Petroleum Corporation Limited
The refinery had an original design capacity of 2.5 million metric tons per annum (mmtpa) which was increased to 3.3 mmtpa in 1973. Production of liquefied petroleum gas (LPG) and aviation turbine fuel (ATF) commenced after this expansion.
Refining capacity was further enhanced to 4.5 mmtpa in November 1984 when a fluidized catalytic cracking unit (FCCU) of 1 MMTPA capacity was added.