National Policy on Petrochemicals

In pursuance of National Policy on Petrochemicals, the Department of Chemicals and Petrochemicals has taken up implementation of the following 3 schemes.

i) Schemes of National Awards for Technology Innovations in Petrochemicals and downstream Plastic Processing Industry – The aim is to incentivize meritorious innovations and inventions in the field of Petrochemicals and downstream Plastic Processing Industry. The National Awards for the year 2010-11 were distributed on 28th November, 2011 and the National Award for the year 2011-12 were distributed on 26th April, 2012.

ii) Setting up of Centres of Excellence – It aims at improving the existing petrochemical technology and research in the country. In the year 2010-11, CIPET, Chennai and National Chemical Laboratory, Pune have been identified for setting up of Centres of Excellence. These two Centres of Excellence have already started research activities in their respective fields.

iii) Setting up of Plastic Parks – The scheme has been formulated in the year 2010-11 with the aim of setting up need based plastic parks with requisite state of the art infrastructure and enabling common facilities to assist the sector to move up the value chain and contribute to the economy effectively. The Scheme Steering Committee in its first meeting held on 24.02.2012 granted “in principle” approval for setting up of four plastic parks in the states of Tamil Nadu, Madhya Pradesh, Assam and Odisha.