Indian Oil Corporation announced that Thyssenkrupp Industrial Solutions India has won an EPC contract for USD 75 million to build a catalytic dewaxing unit (CDWU) at its Baroda refinery in Gujarat.
The German company stated that the proposed CDW machine will have a 270-kilo tonne yearly capacity.
The CDW is a crucial component in the synthesis of lubrication base oils, which are used to make lubricants.
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