https://www.taxtmi.com/news?id=66487 HPCL has commissioned a 3.55 million tonnes-per-year residue upgradation facility at Visakhapatnam featuring India's first residue hydrocracking unit and the world's first LC-Max unit, converting about 93% of bottom-of-the-barrel oils into distillates, raising Nelson Complexity Index to 11.6, increasing distillate yields by up to 10% and improving gross refining margins through processing heavier crudes and higher value realisation. en-us Mon, 05 Jan 2026 15:01:02 +0530 Mon, 05 Jan 2026 15:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=66487 HPCL has commissioned a 3.55 million tonnes-per-year residue upgradation facility at Visakhapatnam featuring India's first residue hydrocracking unit and the world's first LC-Max unit, converting about 93% of bottom-of-the-barrel oils into distillates, raising Nelson Complexity Index to 11.6, increasing distillate yields by up to 10% and improving gross refining margins through processing heavier crudes and higher value realisation. News - Mon, 05 Jan 2026 15:01:02 +0530 https://www.taxtmi.com/news?id=66487