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    PETRONAS LUBRICANTS

    Petronas Lubricants, Tata Motors collaborate for pilot used lubricant recycling model

    Petronas Lubricants India and Tata Motors have signed an initial pact for a pilot project. This collaboration aims to establish a structured and scalable used automotive lubricant recycling model. The initiative will support India's evolving Extended Producer Responsibility framework and circular economy ambitions. It will create an organized and traceable system for managing hazardous waste lubricants effectively. This pilot seeks to strengthen benchmarks for responsible waste management across the nation.

    Malaysia's Petronas, Singapore's GIC and Greenko form a $2 billion green ammonia venture

    Petronas arm Gentari and AM Green established by the creators of Greenko have officially announced the signing of binding agreements with a GIC affiliate. Their collective goal is to produce 5 million tons per annum (MTPA) of green ammonia by the year 2030, which is equivalent to approximately 1 MTPA of green hydrogen.

    Petronas, Singapore’s GIC, Greenko founders set to invest $2 bn in new green platform AM Green

    To set up 5 MTPA green ammonia facilities; aims to be among lowest-cost producers of green H2, molecules etc. Once concluded this will be the largest FDI in green molecules space in the country till date.

    BP, Petronas in race to invest up to $2 billion in Greenko founders’ new platform

    The new platform is planning to produce 4-5 MTPA of green ammonia, green methanol and electrolysers at Kakinada in Andhra Pradesh, incurring a capital expenditure of $10 billion.

    TVS Motor Company and PETRONAS partner to form PETRONAS TVS Racing Team

    The new team will don a new livery as part of the alliance effective this season and the partnership will give a boost to further increase the popularity of racing in India, it said.

    IOC to invest Rs 1 lakh cr to expand refining capacity: Chairman

    To cater to that demand surge, IOC is aggressively rolling out new projects. "These translate into refining capacity expansion of over 25 million metric tonne per annum, including (subsidiary) CPCL, and an investment commitment of close to Rs 1 lakh crore over the next 4 to 5 years," IOC Chairman Shrikant Madhav Vaidya said.

    The Economic Times
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