Reliance industries is another big player in the oil sector and has one of the biggest manufacturing and distribution facilities in India. The company has a chain of petrol pumps all over the country and distributes petroleum products directly through its franchisee. The other two major players in the chemical engineering business is Hindustan petroleum and Bharat petroleum. There are many other smaller companies like Punj Lloyd, Aeromarine, GPSC, Petrodrill and Kunj forging that specialize in the chemical engineering processes related to oil fluids. Most of these companies rely on the bigger companies for their business .Though, all the big companies have a specialized department for oil fluids; some of them take the help of these smaller companies.
1. Chemical Engineering Companies in India
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The engineering sector seems to booming big time since the inception of oil giants in India. Chemical
engineering is one of the most vital parts of engineering related to oil and petrochemical fluids.
Increased oil demand has led to the set up of many chemical engineering companies in India. A major
percentage of them have their business in oil fluids. These companies explore as well as manufacture oil
and other petrochemical products.
List of major companies
Numerous companies operate in this sector. While some are the subsidiaries of big companies others
function independently. Cairn India ranks amongst the leading oil companies in the world. It has several
business related to oil one of which is the chemical engineering branch which explores the possibilities
in the oil fluids. Cairn India a private sector organization that manages distributes and markets
petroleum products. Another major company in this business is Essar oil that has its set up in the
Arabian Sea. It drills the oil from seabed and engineers it to manufacture oil fluids. ONGC is the largest
public sector companies and has its business in all branches of oil production. They explore the
possibilities of finding the oil and the start the process to manufacture and distribute it to the smaller
companies. Reliance industries are another big player in the oil sector and have one of the biggest
manufacturing and distribution facilities in India.
The company has a chain of petrol pumps all over the country and distributes petroleum products
directly through its franchisee. The other two major players in the chemical engineering business is
Hindustan petroleum and Bharat petroleum. There are many other smaller companies like Punj Lloyd,
Aero marine, GPSC, Petro drill and Kunj forging that specialize in the chemical engineering processes
related to oil fluids. Most of these companies rely on the bigger companies for their business .Though,
all the big companies have a specialized department for oil fluids; some of them take the help of these
smaller companies.
Future prospects
The list of chemical engineering companies in India continues to grow at the steep rate. Many foreign
oil companies have invested in India. One of the main reasons behind it is the glooming prospects in the
oil fluid business. Industrialization and privatization has led to the emergence of the some Indian
companies that operate on the global level. All these companies operate with a motive to maximize the
profits in the business of oil fluids. The demand of the petroleum products continues to grow and hence
keeps on creating a bright prospect for all the oil companies.