Uni-feeder, a coastal shipping operator initiated the
first ever Coastal movement of Mono Ethylene Glycol (MEG) from the Indian Oil
Corporation facility in Paradip Port to Hazira port in Gujarat last week.
MEG is predominantly used as a raw material in
the manufacture of polyester staple fibers, polyester filament yarns in the
textile industry. It is also
widely used by the chemical industry in products such as the coolant, break
fluids and unsaturated polyester resin to name a few, as per a release.
A large quantity of MEG has been obtained by the textile
industry on the west coast of India from the Indian Oil facility at Paradip
located on the east coast in the last few years.
However, the transport of MEG has been associated with
high logistics costs due to the lack of a Multimodal transportation
alternative. Uni-feeder’s client India Oil Corporation had been looking for an
alternate mode of transportation to manage the costs associated with the
movement of MEG.
Uni-feeder understood the opportunity and
presented a hybrid, cost-effective Multimodal supply chain solution to Indian
Oil and their customers to create awareness regarding movement of MEG in ISO
tanks. Its ISO tank
containers are designed, tested and approved for the safe and efficient
transportation of a broad range of liquid products such as MEG. While initially
MEG was only transported through land, with this new solution, one can now use
a hybrid model of inland and coastal transportation of the raw material.
This re-engineered, digitised, multimodal supply chain
solution will help in drastically reducing logistics cost that impacts the
competitiveness of the goods associated with MEG in the domestic market, the
release emphasised.
The first vessel carrying 50 ISO tanks sailed
from Paradip to Hazira on May 3.