IOCL Launches Special Incentive Scheme for April 2025; RIL and Chiripal Hike PET Prices

Indian Oil Corporation Ltd (IOCL) has announced a special incentive scheme across various PE grades for April 2025. The scheme offers slab-wise incentives based on APP (Average Past Purchase) lifting percentages for HDPE, LLDPE, and Utility grades. Details of IOCL Incentive Scheme (April 2025): ? HDPE (P/NP) APP lifting ≥75%: Incentive of ₹X1/MT APP lifting ≥100%: Incentive of ₹X2/MT ? LLDPE (P/NP) APP lifting ≥75%: Incentive of ₹Y1/MT APP lifting ≥100%: Incentive of ₹Y2/MT ? Utility Grades APP lifting ≥75%: Incentive of ₹Z1/MT APP lifting ≥100%: Incentive of ₹Z2/MT ? Note: Incentives may vary based on specific grades. In a separate development, Reliance Industries Ltd (RIL) and Chiripal Group have increased prices of all PET grades by ₹1.5/kg, effective 25 April 2025. ? Disclaimer: This update is based on market information available to PolyMart at the time of publication. Prices and schemes are subject to change at the discretion of the respective companies.