As part of its expansion strategy, West Bengal based Haldia Petrochemicals Ltd. has planned an increase in ethylene capacity. This hike in ethylene capacities will meet the anticipated increase in demand and will be completed by Apr or May 2008, at a time when the company will benefit from an upturn in the petrochemical cycle. Capacity will be increased from 52,00 tpa to 67000 tpa at an investment outlay of US$200 mln.
HPL has also expressed an intent to invest in one of India's petroleum, chemicals and petrochemical investment regions (PCPIR), as an extension of this expansion policy.
29-Jun-07 
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