Haldia Petrochemicals mulls two projects to beat financial crisis

In a bid to come out of its financial crisis, India’s second largest PE maker Haldia Petrochemicals Ltd (HPL) plans to invest in plants to produce Butiene-1 and Styrene-Butadiene-Rubber (SBR). The cash-starved company, co-promoted by the West Bengal government, may float a request for a proposal from global firms for project Butiene-1 by Friday, as per a company official. HPL managing director Partha S. Bhattacharyya told IANS that the total investment for the project will be Rs.200 crore.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha