Haldia Petrochemicals Ltd. estimates a 30% increase in naphtha consumption in the fiscal 2009/10, upon successful completion of capacity expansion. Haldia plans to increase plant capacity by 30% at an investment outlay of Rs 9 billion. Work on the expansion is expected to commence for 75 days in mid-October, resulting in a 20% cut in naphtha imports for the fiscal.
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Monday, March 24, 2008
30% hike estimated in naphtha consumption at Haldia Petro in next fiscal
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