Steel magnate LN Mittal plans to join forces with Total SA of France and Hindustan Petroleum Corporation Ltd (HPCL) to set up a mammoth greenfield refinery cum petrochemical project at the proposed petroleum, chemicals & petrochemicals investment region (PCPIR) near Visakhapatnam in Andhra Pradesh. Mittal's first petrochem foray is the investment in HPCL's Rs 24,000-crore refinery at Bhatinda, Punjab. The project also marks HPCL's foray into the petrochemical sector.
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Tuesday, August 28, 2007
LN Mittal plans to collaborate with Total and HPCL for petrochem project in India
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