The Institute of Petrochemical Engineering was established by government of Maharashtra under the World Bank Assisted Project. Over the years it has grown into a premier institution with excellent teaching-learning environment to achieve excellence in imparting quality technical education thereby generating technocrats compatible with needs of current industries & society. This Institute is a conducted institution of the University running Diploma Courses in eight streams of Engineering and Technology and one Advanced Diploma in Water Quality Management. All the diplomas are awarded by the University. The Institute extends its services to the society through a scheme of "Community Developments through Polytechnic" sponsored by MHRD, New Delhi by educating the dropouts and empowering them with technical skills. The Institute is located at Lonere, the place located in the ranges of Western Ghat, at the foot of Raigad fort, the place from where Chhatrapati Shivaji administered his major activities. 

Training and Placement Cell is organizing expert lectures on various technical topics from industry experts to make our students aware about latest technologies, trends, processes and work culture. To give them more practical insights,Training and Placement Cell is taking initiative to organize industrial visits. In order to boost their core technical skills the Training and Placement Cell is organizing technical quiz, mock interviews etc. The Training and Placement Cell has initiated programs to enhance the soft skills, the special soft skill training sessions, seminars and workshops are also organized.

Training and Placement Cellis not only organizing these various activities but also tracking students’ performance at each stage.After every semester guidance is given to the students so that they can take the suggested corrective actions, increase performance and enhance the opportunities in front of them. In short apart from placement,Training and Placement Cell, in coordination with all the departments in our institute, is organizing a lot of activities to make students eligible for placement and to make them employable.
As far as placement is concerned various prestigious companies visiting our campus regularly to conduct campus interviews. We have a very good placement record. Our students are working in reputed industries.