Bulletin Updates

ONGC, MRPL and OPaL form a polymer trading JV with third-party sales rights : State-owned competition enters India's polymer distribution chain – 3 Jun 2026

Jun 03, 2026

India's largest upstream oil and gas company is moving into direct polymer trading, pooling output from OPaL and MRPL into a new joint venture that will sell to third parties. The shift changes the competitive dynamics for independent polymer traders and downstream converters.

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