Haldia Petrochemical Ltd (HPL) plans to expand capacity in a bid to emphasize on a new product mix that will not increase the consumption of naphtha, but will help improve proceeds of the next petrochemical down-cycle. Extraction of high margin products like Butene-1 from the existing by-products of Naphtha Cracker and associated units, is on the cards. Production is slated to commence in December 2008 and that the new plant will be located in Haldia itself.
Tuesday, January 08, 2008
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