Profit

IOC refinery in Digboi clocks GRM of $22 per barrel

PUBLISHED ON: July 25, 2008 | Duration: 2 min, 22 sec

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Gross refinery margin or GRM is the benchmark for assessing the performance of any refinery. The oldest refinery in Digboi, owned by IOC, has clocked a GRM of almost $22 per barrel. This is better than any other refinery in the world.
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