Hindustan Petroleum
From Wikipedia, the free encyclopedia
| Hindustan Petroleum Corporation Limited | |
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| Type | PSU (Trading on BSE & NSE) |
| Founded | 1976 |
| Headquarters |  Mumbai, India |
| Key people | Arun Balakrishnan, Chairman & MD |
| Industry | Petroleum |
| Products | Oil , LPG |
| Revenue |  $18.106 Billion USD (March 2006) |
| Employees | ~10,778 (2006) |
| Website | www.hindustanpetroleum.com |
HPCL is a Fortune 500 company, with an annual turnover of over Rs. 91,448 crores ($20892 Million) (FY 2006-07), 16% Refining & Marketing share in India and a strong market infrastructure
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[edit] Company Profile
HPCL, a Fortune 500 company, is one of the major integrated refining and marketing oil company in India. 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.
[edit] Products
[edit] Refineries
HPCL has a number of refineries in India. Some are listed below:
- Mumbai Refinery - 5.5 Million Metric Tonnes (MMT) Capacity
- Visakhapatnam Refinery - 7.5 MMT at Visakhapatnam
[edit] International rankings
- HPCL is a Fortune Global 500 company as per the ranking of 2006. It was ranked at position 378. It moved to position 336 for 2007 rankings.
- HPCL was featured on the Forbes Global 2000 list for 2005 at position 1189
