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The company, which owns a naphtha cracker producing 700,000 metric tons per year in the eastern state of West Bengal, sources 50% of its feedstock from the Middle East and relies on local refiners like Indian Oil, HPCL and BPCL for the rest of its feedstock needs.
The present dispute arose from an agreement signed between The Chatterjee Group (TCG), the promoter of HPL, and West Bengal Industrial Development Corporation (WBIDC) on September 11, 2014, whereby the private party bought 52 crore shares from WBIDC for Rs 25.10 apiece
Kolkata: Haldia Petrochemicals Ltd (HPL) on Wednesday became the first ISO 27001:2022 certified petrochemical organisation in the industry by BSI (British Standards Institution), a renowned certification body.
Petrochemicals major Haldia Petrochemical Limited (HPL) announced on Wednesday that it has begun the site execution process for the entity's largest phenol plant in India to be located in the industrial township of Haldia in West Bengal's East ...
Two multi-billion-dollar petrochemical plants are coming online in India in coming months at a time of weaker-than-expected demand, setting the stage for fierce price competition domestically and...