IOC's INDMAX refining technology licensed to Serbian oil & gas company

The first-ever overseas agreement to licence the refinery process technology for high propylene production was signed between Naftna Industrija Srbije (NIS) of Serbia and Lummus Technology Inc, USA, in the presence of IOC Chairman Sanjiv Singh and S S V Ramakumar, director (R&D) at Belgrade, Serbia, according to a company statement.

from Energy-Industry-Economic Times https://ift.tt/2Q12FcC