Petrochemical major Indian Oil Corporation on Wednesday issued an Expression of Interest (EoI) for procurement of single-use plastic waste which can be economically converted into other usable materials. Indian Oil`s national EoI is for assessing the market availability and willingness of various organised aggregators and NGOs to supply different types of waste plastics in commercial quantities on consistent basis.

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The petrochemical major issued the National EOI to mark the 150th birth anniversary of Mahatma Gandhi and as part of the Swachh Bharat Abhiyan.

IndianOil also flagged-off four initiatives to "reduce, reuse and recycle plastics".

One of the company`s new initiative is the creation of a "Single Use Waste Plastic" based bituminous road at Faridabad, Haryana.

"Performance of this road will be monitored by Indian Oil R&D centre in association with CSIR-CRRI, and also fine-tune the concentration of single use plastic to be added," the company said in a statement.

Among other initiatives, the petrochemical major has developed special grade crumb rubber modified bitumen (CRMB55) which has been designed using waste single use plastic material.