India’s ONGC Launches New Petrochemicals Trading Company

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India’s state-owned Oil and Natural Gas Corporation (ONGC) has established ONGC Petrochemicals Marketing Limited (OPML), a joint venture with MRPL and OPaL. The new company will centralize petrochemical sales, pricing, distribution, logistics and trading across the group. By combining these activities, ONGC aims to improve efficiency, strengthen customer relationships and expand its presence in India’s chemicals and petrochemicals market.

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