Haldia Petrochem seeks additional land from State to set up upstream refinery to reduce naphtha imports

17-Jul-17

Haldia Petrochemicals Limited (HPL) is seeking additional land from the West Bengal government for setting up an upstream refinery plant in order to reduce the imports of primary feedstock naphtha.
"We want to set up an upstream refinery plant here and we are getting ready for that. We seek more land for the project," the company's Executive Vice President and head of the plant Ashok Kumar Ghosh said. HPL used to procure about 20% of its naphtha requirement from the refinery here. "The refinery (at Haldia) can supply up to 20% of our requirement even if it (refinery) runs in full capacity. We are importing the rest of our naphtha requirement from Gulf countries. This is a huge penalty for our plant," he said.