Chennai Petroleum Corporation Limited · Chennai India
Company Description
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This link will open in a new window Chennai Petroleum Corporation Limited, formerly known as MRL (Madras Refineries Limited), owns and operates one of the largest refineries and petrochemical complexes in India, at Manali. It also operates a smaller refinery at Nagapattinam. Together they have a refining capacity of 10.5 million metric tons per year. Product lines include fuels (liquefied petroleum gas, diesel, gasoline, kerosene) and quality feedstocks for petrochemical end products (butylenes, naphtha, paraffin wax, propylene, sulfur). Energy powerhouse Indian Oil owns about 52% of Chennai Petroleum and Naftiran Intertrade, an affiliate of National Iranian Oil Company , owns 15%. To read the full description, subscribe now.
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Key Chennai Petroleum Corporation Limited Financials
| Company Type | Public Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $319,639.1 |
| Employees | 1,685 |
Chennai Petroleum Corporation Limited Executives
14 executives listed for Chennai Petroleum Corporation Limited's Chennai, location.
| Title | Name & Bio | Contact |
| Chairman | Sarthak Behuria | Network |
| Executive Director Finance | N. C. Sridharan | Network |
| Chief Vigilance Officer | R. Sankaran | Network |
Competition
Competitive Landscape for Chennai Petroleum Corporation Limited
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Chennai Petroleum Corporation Limited Competitors
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