Mangalore Refinery and Petrochemicals Limited

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V. Pramod Mangalore Refinery And Petrochemicals Ltd

Transcript of Mangalore Refinery and Petrochemicals Limited

V. Pramod

Mangalore Refinery And Petrochemicals Ltd

INDUSTRY PROFILEINDUSTRY PROFILE Minirathna1.Minirathna1.

An ISO 9001:2008,ISO14001:2004 company.An ISO 9001:2008,ISO14001:2004 company. Mangalore Refinery and Petrochemicals Limited (MRPL) Mangalore Refinery and Petrochemicals Limited (MRPL)

operates a grass root refinery with a capacity of 9.69 MMTPA, operates a grass root refinery with a capacity of 9.69 MMTPA, at Mangalore, on the West Coast in the ever-green Dakshina at Mangalore, on the West Coast in the ever-green Dakshina Kannada District.Kannada District.

The refinery’s first phase of 3.69 MMTPA was commissioned in The refinery’s first phase of 3.69 MMTPA was commissioned in March 1996 and the second phase of 6.00 MMTPA in March 1996 and the second phase of 6.00 MMTPA in September 1999.September 1999.

MRPL was originally setup as a Joint Venture refinery, MRPL was originally setup as a Joint Venture refinery, promoted by HPCL and the AB Group of Companies.promoted by HPCL and the AB Group of Companies.

In March 2003 ONGC acquired the total share holding In March 2003 ONGC acquired the total share holding

of(71.6%) A. V. Birla Group.of(71.6%) A. V. Birla Group. Share holdings of MRPL – ONGCShare holdings of MRPL – ONGC 1st joint sector refinery in India.1st joint sector refinery in India. 5th oil refinery in south India. Credit profile. Township.

OUR VIEWS• Reason for setting in Mangalore.Reason for setting in Mangalore.• Sec_rity is incomplete with out Sec_rity is incomplete with out U.U.• If If UU protect that; that will protect protect that; that will protect U.U.• A place for everything and everything in its place.A place for everything and everything in its place.• Don’t want to Don’t want to catchcatch people, we will people, we will coachcoach people. people.• Think Think GreenGreen

VARIOUS DEPARTMENTS

HR department Personnel department. Administrative department. Workmen Classification. Recruitment policy. Training and Development. Promotion criteria's.

Marketing Marketing scenario before the take over by ONGC. Pricing of the products. Present marketing scenario. Competitors.Competitors.

other departments

MY field of interest• Bureaucracy v/s Corporate World.Bureaucracy v/s Corporate World.• Sez …is it a Boon or Bane ?Sez …is it a Boon or Bane ?• Corporate governance it’s a question of Corporate governance it’s a question of

Transparency.Transparency. R&D ..it show were we stand.R&D ..it show were we stand.• Carbon credit an emerging concept.Carbon credit an emerging concept.• Right way to speak about “Rights”.Right way to speak about “Rights”.• Disinvestment and UPA policies.Disinvestment and UPA policies.• Management concepts and public companies.Management concepts and public companies.• Owned funds or Borrowed funds ?Owned funds or Borrowed funds ?

Am the brand ambassador

Spent Rs 12.70 crore on CSRSpent Rs 12.70 crore on CSR Rs 4.95 crore for construction of 330 houses at Devadurga taluk .Rs 4.95 crore for construction of 330 houses at Devadurga taluk . Rs 50 lakh to Chief Minister Calamity Relief Fund. Rs 50 lakh to Chief Minister Calamity Relief Fund.  Artificial limb camp .Artificial limb camp . Scholarship for 190 students.Scholarship for 190 students. Pressure cooker for mid day meal program.Pressure cooker for mid day meal program. Health programs.Health programs. School in fishermen village.School in fishermen village. Education, Health &Sanitation, Infrastructure, SC / ST Education, Health &Sanitation, Infrastructure, SC / ST

Development .Development . Rehabilitation Colony, Women Empowerment Programe. Rehabilitation Colony, Women Empowerment Programe.

In the pipelineIn the pipeline

Expansion to15 MMTPA.Expansion to15 MMTPA.

SWOT Strength Only Refinery in India to have 2 Hydrocrackers producing Premium Only Refinery in India to have 2 Hydrocrackers producing Premium

Diesel .Diesel . The only Refinery in India to have 2 CCRs producing Unleaded The only Refinery in India to have 2 CCRs producing Unleaded

Petrol of High Octane.Petrol of High Octane. Second largest in exporting.Second largest in exporting. ONGC invested $400 million to acquire a 25-per cent stake in the ONGC invested $400 million to acquire a 25-per cent stake in the

Satpayev oil field in Kazakhstan.Satpayev oil field in Kazakhstan.

WeaknessWeakness Lack of ISO OHSAS – 18001.Lack of ISO OHSAS – 18001. Not working under SEZ.Not working under SEZ. Absence of well equipped R&D.Absence of well equipped R&D. Import parity price.Import parity price. Required advantage of feedstockRequired advantage of feedstock

Opportunities Global refining distillation capacity will need to rise to93mb/d in 2010 Global refining distillation capacity will need to rise to93mb/d in 2010

and 118mb/d in 2030and 118mb/d in 2030 India presently having 5th largest refining capacity in the world is fastIndia presently having 5th largest refining capacity in the world is fast emerging as a refining hub.emerging as a refining hub. At the end of the XI Plan (FY’12), refining Capacity is projected to At the end of the XI Plan (FY’12), refining Capacity is projected to

increase to 255 MMTPA; likely the 4th largest capacity in the world increase to 255 MMTPA; likely the 4th largest capacity in the world after USA, China and Russian federation.after USA, China and Russian federation.

Threats Use of alternative energyUse of alternative energy Exhaustion of crude oil.Exhaustion of crude oil. Government intervention in price fixing.Government intervention in price fixing. Availability of natural gas.Availability of natural gas. Entry tax in neighboring stateEntry tax in neighboring state

In the nut shell

Energy is an important accelerator for growth of economy Energy is an important accelerator for growth of economy and at present oil and natural gas is the main source of. It and at present oil and natural gas is the main source of. It is gratifying to note that MRPL has put in a very creditableis gratifying to note that MRPL has put in a very creditable

performance in the background of the industry scenario, performance in the background of the industry scenario, and the performance results of other peers. The Company and the performance results of other peers. The Company has also created certain new benchmarks of excellence has also created certain new benchmarks of excellence during the year .during the year .

Thank you