Haldia Petrochem's Supermax expansion plan behind schedule

25-Feb-08
Haldia Petrochemicals' (HPL) Rs 840 crore Supermax expansion project, is running behind schedule and date of completion has been moved ahead by atleast two quarters. Slated for commissioning by April, completion has been rescheduled for Q3 of 2008-09 for the project that is being plagued by the shortfall of designers, fabrication space and other materials required for the project. The expansion involves increasing capacity of its naphtha cracker unit from 523,000 tpa to 670,000 tpa, and also a strategic shift to value addition by manufacturing products which did not require much naphtha. A cost-overrun due to the delay in the project is also expected, but amount has not been disclosed.
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