IOCL’s R&D centre files its 1,001th patent

The R&D centre's intellectual property portfolio comprises 794 active patents, of which 542 patents were granted abroad and 252 in India

GN Bureau | May 6, 2019


#IOCL   #crude oil   #Sanjiv Singh   #fuel   #PSU  

Faridabad-based research and development centre of Indian Oil Corporation's (IOCL) added another feather to its cap after it filed its 1,001st patent, the first among Indian oil and gas PSUs to do so.

 
The R&D centre's intellectual property portfolio comprises 794 active patents, of which 542 patents were granted abroad and 252 in India. The centre has also registered a healthy commercialisation rate for its patents, higher than the global average.
 
Complimenting the R&D team for lending a competitive edge to IndianOil’s business through innovative products, processes and technologies, IOCL chairman Sanjiv Singh expressed happiness that several quality upgradation projects implemented at IndianOil refineries for production of BS-VI fuels are based on deep desulphurisation, isomerisation and dimerisation technology patents developed in-house. 
 

Comments

 

Other News

India Post Payments Bank launches WhatsApp banking services

India Post Payments Bank, in collaboration with Airtel, on Friday announced the launch of WhatsApp Banking Services for IPPB customers, enabling them to access banking services on their mobile phone. The newly launched IPPB WhatsApp Banking channel will enable IPPB customers to seamlessly c

Leadership skills you should hone/develop to grow in life

American author, speaker, and pastor John Calvin Maxwell once said, “A leader is one who knows the way, goes the way and shows the way. Leadership is a skill that some naturally possess, while some hone it over the course of their lives. When we think of leadership, our minds automatically drift to the s

India’s overall exports cross all-time high of $750 billion

India’s overall exports, including services and merchandise, have crossed US$750 billion, minister of commerce and industry Piyush Goyal has announced. This is an all-time high and this achievement comes in the 75th year of independence as we celebrate the Azadi Ka Amrit Mahotsav. Addr

Climate actions being implemented to deal with impact of heat waves

India’s climate actions cut across various sectors and are being implemented through various programs and schemes of different union ministries, departments and state/ union territory governments.  The government of India through concerned ministries and departments organises workshops, exhibiti

Banks must hear borrowers before declaring their accounts as frauds: SC

In a judgment with far-reaching implications, the Supreme Court has held that the civil consequences of an account being declared as fraud under the Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Directions, 2016 or its Master Directions on Fraud amount to ci

India’s forest cover increases by 5,516 sq km in four years

The Dehradun-based Forest Survey of India (FSI), an organization under the Ministry of Environment, Forests and Climate Change, carries out the assessment of forest cover biennially since 1987 and the findings are published in the India State of Forest Report (ISFR). As per the latest ISFR 2021, there is a

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter