An additional captive power plant of 17.8 MW was commissioned in 1998 thus making the refinery self-sufficient in power. An LPG bottling plant of capacity 44,000 tonnes per year was commissioned in 2003. A Bitumen Emulsion plant of 10000 tonnes per year capacity has also been commissioned in 2004. A Biturox Bitumen Oxidation Unit of 378,000 tonnes per year capacity was successfully commissioned and started-up in 2008. Bharat Petroleum Corporation Limited (BPCL) acquired the Government of India's shares in KRL in March 2001. Consequent to the merger Order dated 18 August 2006 issued by Ministry of Company Affairs, the refinery has been amalgamated with Bharat Petroleum Corporation, henceforth to be known as BPCL-Kochi Refinery. Today Kochi Refinery is a frontline entity as the unit of the Fortune 500 company, BPCL. With a turnover of around US$2500 million, the refinery aims to strengthen its presence in refining and marketing of petroleum products and further grow into the energy and petrochemical sectors. Kochi Refinery is engaged in Refining and marketing of petroleum products. Beginning with a capacity of (bpd), today the Refinery has a refining capacity of . The Company entered the petrochemical sector with benzene and toluene in 1989. Kochi Refinery produces all fuel based refinery products viz liquefied petroleum gas, naphtha, gasoline, kerosene, aviation turbine fuel, gas oil, fuel oil, and bitumen. The foray into direct marketing began since 1993 through marketing its aromatic products: benzene and toluene. The company entered the International Petroleum business stream when its first parcel of Fuel Oil was exported in January 2001. Since then the company has exported around 100 parcels. In the last financial year the refinery exported products worth over US$280 million. Kochi Refinery makes Speciality products for domestic markets Viz. Benzene, Toluene, White Spirit, Poly Iso Butene and Sulphur. Kochi Refinery offers supplies of any grade Fuel Oil (both 180 cst and 380 cst) and Low Aromatic Naphthene (High Paraffinic) to the international market. Kochi Refinery also produces speciality grade bitumen products like Natural Rubber Modified Bitumen, Bitumen Emulsion etc. The Fuel Oil has been bench marked in the Singapore and Dubai Fuel Oil markets. Currently Kochi Refinery is known as BPCL Kochi Refinery (BPCL KR).