Haldia Petrochemicals expands phenol production capacity, investing over Rs 4,500 crore in India.
Haldia Petrochemicals Limited (HPL) has signed an agreement with Lummus Technology to increase its phenol production capacity from 300 to 345 kilotonnes per annum. This expansion supports HPL's growth strategy and India's chemicals industry, aiming to meet rising domestic demand for phenol, cumene, and acetone. The company plans to invest over Rs 4,500 crore in West Bengal.
November 14, 2024
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