CPCL Recruitment 2020

 0 Jobs    Chennai Petroleum Corporation Limited ( CPCL )
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 Posted On : 22-Jan-2020    Last Date :

CPCL Recruitment 2020: Chennai Petroleum Corporation Limited has advertised the Latest Jobs Notification for the Recruitment of Trade Apprentice Vacancies. Candidates, who have qualifications of ITI Pass and it comprises of 92 vacancies. Eligible and interested candidates may apply within the last date as noticed in the official notification. All the job seekers and aspirants may keep visiting our web page for further CPCL Jobs Notification. Hopeful candidates can also check further details like Eligibility criteria, Selection process and more details mentioned below.

About Chennai Petroleum Corporation Limited: Chennai Petroleum Corporation Limited, formerly known as Madras Refineries Limited (MRL) was formed as a joint venture in 1965 between the Government of India (GOI), AMOCO and National Iranian Oil Company (NIOC) having a shareholding in the ratio 74%: 13%: 13% respectively. In 1985, AMOCO disinvested in favour of GOI and the shareholding percentage of GOI and NIOC stood revised at 62% and 15.38% respectively. Later GOI disinvested 16.92% of the paid-up capital in favour of Unit Trust of India, mutual funds, insurance companies and banks on 19th May 1992, thereby reducing its holding to 67.7%. CPCL's equity shares are listed on the Bombay Stock Exchange and National Stock Exchange of India.

As a part of the restructuring steps taken up by the Government of India, Indian Oil Corporation Limited (IOCL) acquired equity from the GOI in 2000-01. Currently, IOC holds 51.88% while NIOC continued its holding at wax and petrochemical feedstocks production facilities. CPCL has two refineries with a combined refining capacity of 11.5 million tonnes per year. The Manali Refinery in Chennai has a capacity of 10.5 million tonnes per year and is one of the most complex refineries in India with fuel, lube, wax and petrochemical feedstocks production facilities. CPCL's second refinery is Nagapattnam Refinery located at Cauvery basin at Nagapattinam in Panagudi. The main products of the company are LPG, Motor Spirit, Superior Kerosene, Aviation turbine fuel, high-speed diesel, naphtha, bitumen, lube base stocks, paraffin wax. fuel oil, hexane and petrochemical feedstocks. CPCL also supplies LABFS to a downstream unit for the manufacture of linear alkylbenzene.

CPCL plays the role of a mother industry supplying feedstocks to the neighbouring industries in Manali. CPCL's products are marketed through IOCL. CPCL's products are mostly consumed domestically except naphtha, fuel oil and lubes which are partly exported. CPCL has also made pioneering efforts in the field of Energy and Water Conservation by setting up a Wind Farm and Sewage Reclamation and Sea Water Desalination Plants. Indian Oil's 'Vision with Values' encompasses the Corporation's new aspirations to broaden it's horizons, to expand across new vistas, and to infuse new-age dynamism among its employees.

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