Haldia Petrochemicals is in talks with rubber producer from Europe, two Western technology providers to join as equity partners for its eight downstream projects, as per Business Standard. According to sources, HPL also held initial level of talks with international agencies like the Abu Dhabi Investment Authority and Kuwait Investment Authority early this month. Besides foreigners being approached, GAIL has earlier shown interest in partnering the petrochemical major for one of these projects.
Major stakeholder The Chatterjee Group (TCG), had, in 2011, announced an approximate investment plan of Rs 4,000 crore in eight different projects over a period of three to three-and-a-half years. It included butine-1, ethylene propylene diene monomer, styrene-butadiene rubber and maleic anhydride.
29-Feb-12 
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