Government-owned MSTC has lodged a complaint of cheating against Haldia Petrochemicals management. MSTC has alleged that the company was not clearing dues of over Rs 500 crore for importing naptha and the HPL management was not responding to MSTC’s communication.
MSTC worked as an agency for importing naptha for HPL from West Asia “but had to stop importing since the company was not clearing the dues,” as per financialexpress.com.
Previous News
Next News
-
Braskem in a deal to buy plastic maker Solvay Indupa
-
Board may consider rights issue to raise funds to bail out Haldia Petrochem
-
Hyosung to invest US$266 mln to build a propylene plant by May 2015
-
Asian ethylene, propylene prices move higher on tight supply
-
Clariant to acquire Plastichemix Industries
-
Expectations rise over scale back of US Federal Reserve stimulus program, oil prices dip
-
French Total dispute threatens 10% of European styrene capacity, 15% of MX
-
FEED contract awarded to Technimont for Al Sejeel Petrochemical Complex
-
PolyOne Corp starts production in a new facility in Turkey
-
Likely increase in import duties in 2014 triggers panic buying among Turkish PVC consumers
-
Deepak Nitrite to Invest INR 11,000 Crore to Build India's First Polycarbonate Resin Ecosystem
-
PPRDC and Indian Institute of Packaging Launch Advanced Recycling Certificate Course to Build India's Circular Economy Workforce
-
SSF Plastics Helps Extinguish Fire at Neighbouring Factory
-
Why UAE’s OPEC Exit May Not Shake Oil Markets
-
EPL and Indovida to Merge, Creating a Consumer Packaging Leader for Emerging Markets
-
ABS and Polystyrene facility in Iran hit
-
Converting Nylon Fish Net waste to 3D Printing Filament
-
Samvardhana Motherson International Limited India’s Global Automotive Plastics & Systems Powerhouse
-
Varroc Engineering Limited: From Polymer Components to a Global Automotive Systems Leader
-
Hitech Corporation Ltd - Prominent Manufacturer of Rigid Plastic Packaging Products, Serving Paints, Agrochemicals, Lubricants, FMCG, and Food Industries.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}