IOCL Launches August 2025 Early Bird & Special X, Y, Z Incentive Schemes for PE Customers

Indian Oil Corporation Ltd. (IOCL) has announced a special set of incentive schemes for its polyethylene (PE) customers for August 2025, aimed at driving early procurement and sustained monthly offtake across its product range. Key Highlights of the Scheme: Early Bird Incentive ₹1,000/MT for lifting LLDPE grades (Prime, Non-Prime, and Utility) between 1st and 20th August 2025. Special X, Y & Z Incentive Programme Applicable to HDPE, LLDPE, XRLL, and XMLL grades. Based on monthly PE & Flexi APP completion criteria: HDPE (P/NP) APP ≥ 75% – X1 incentive APP ≥ 100% – X2 incentive LLDPE (P/NP) APP ≥ 75% – Y1 incentive APP ≥ 100% – Y2 incentive XRLL & XMLL APP ≥ 75% – Z1 incentive APP ≥ 100% – Z2 incentive IOCL clarified that the X, Y, and Z incentive values will vary by grade and applicable period during August 2025. The value of X, Y & Z Incentives will be announced later in September 2025.Disclaimer: PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.