After two successive years of profit , Haldia Petrochemicals Ltd (HPL) is likely to report almost 50% drop in net profit in 2007-08. Net profit is expected to slide to nearly Rs 300 crore in 2007-08 from Rs 580 crore in 2006-07.
The situation is not expected to improve in 2008-09 as naphtha price show no signs of easing.
Previous News
Next News
-
Formosa's No. 1 ethylene plant running at 70% capacity
-
Oil prices steady near record highs of US$111
-
Borealis to add LDPE unit at Stenungsund, Sweden
-
Venezuelan PdVSA mulls investment in refinery and petrochemical project in India
-
IRPC to invest US$1.4 bln to upgrade refinery, increase petrochem capacity
-
Panasonic develops new recycling technology for decomposing plastics
-
Mitsui to source propylene from Petrons' newly opened facility from Philippines
-
Merquinsa North America announces price increase for TPU specialty resins
-
Price trends of oil, polymer feedstock and commodity polymers in Asia for the week ended April 6, 2008
-
Oil prices retreat after peaking to record highs
-
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.
-
Mold-Tek Packaging Ltd – Leader in IML-Based Rigid Plastic Packaging Solutions
-
Bhansali Engineering Polymers Ltd. Expands Engineering Plastics Capacity in India
-
Styrenix Industries: Leading ABS & SAN Resin Producer in India
-
Chemplast Sanmar Ltd India’s Specialist PVC Resin & Paste PVC Manufacturer
11-Apr-08 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}