Petrochemical
GOCL stops Hyderabad operations
The Hyderabad factory of GOCL contributes a turnover of about Rs. 7.7 crores per month and the company is working with government authorities on the concerned issues to resume normal operations
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By ICN Bureau | March 13, 2020
GOCL Corporation has stopped operations of Hyderabad factory with effect from March 11, 2020.
The Hyderabad factory of GOCL contributes a turnover of about Rs. 7.7 crores per month and the company is working with government authorities on the concerned issues to resume normal operations.
The Chemical Hub of Hinduja Group was created with Gulf Oil India Limited merging with IDL Industries Limited from 1st January 2002. The merger has enabled the company to leverage the large marketing networks of lubricants and industrial explosives businesses. IDL Industries Limited was renamed as GULF OIL Corporation Limited with the merger of Gulf Oil India’s business.
