Expansion of Cryogenic Group by Setting Up New Manufacturing Facility

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Economic/Social Impact of the Project IndianOil Cryogenics is one of the leading Cryogenic equipment manufacturers in India with over 40 years of experience in the design and production of the state of the art vacuum super-insulated Cryogenic Storage & Transport Vessels. Its signature product “Cryocans” is widely used in the Animals husbandry sector for Artificial insemination. Apart from Cryocans, IndianOil Cryogenics also manufactures large capacity cryogenics vessels for storage and transportation of Liquid Nitrogen, Liquid Oxygen, Liquid Argon and Liquified Natural Gas (LNG). With the opening up of LNG business and Govt’s policy to promote Natural Gas use & LNG as transport fuel, demand for LNG equipment is projected to increase multifold. IndianOil Cryogenics is poised to emerge as a major player offering total solution related to LNG business Viz. Storage/Transport vessels, LNG fuel tank, LNG/LCNG retail outlets, Modular LNG units etc. As the existing facility is inadequate to cater to the existing and future demand, a new integrated Cryogenic manufacturing facility is being set up.