New Delhi: The CEO of Dastur Energy has given an important statement saying that Indian refiners can use petcoke in the production of urea, methanol and ammonia instead of selling it directly. He also suggested policy formulation in this direction, so that petcoke can be used dedicatedly for various chemical products.
The CEO said that petcoke, which is a by-product of the refining process, is currently sold directly, but for its better use, there is an opportunity to make useful products in the chemical industry by converting it into gas through gasification technology. Such a step will not only increase the country’s fertilizer and chemical production capacity, but will also reduce the dependence on imports.
In the gasification process, petcoke is converted into gas at high temperature and controlled environment, which can be used in the production of various chemical products. According to Dastur Energy, if the government and industry come together to make a dedicated policy for petcoke, it will be beneficial for both the economic and environmental condition of India.
Experts believe that urea and ammonia produced from petcoke use can provide better fertilizers to the agriculture sector, which will improve food production. Whereas methanol is used in fuel and chemical industries, which will strengthen the energy security of the country.
The availability of petcoke in India is sufficient, and it is possible to increase productivity through the right technology and policy. To encourage investment in this sector, the government will also have to provide appropriate incentives so that misuse and pollution of petcoke can be reduced.
This aspect of Dastur Energy has given rise to new discussions among the industry and policy-makers regarding better utilization of petcoke. In the coming time, steps taken in this direction will boost the competitiveness of the country’s energy and chemical producers, and will also contribute to economic development.
