Wednesday, March 05, 2008

Haldia Petrochem plans two month shutdown to carry out capacity expansion

Haldia Petrochemicals (HPL) plans to shut down its plant for almost two months in October this year to carry out capacity expansions to 1.4 mln tons from one mln tons. As per initial plans, the revamped capacity was scheduled to start before monsoon. However, unavailability in software, hardware and shortage in manpower, caused a delay in the plans. The company is spending close to Rs 900 crore on capacity expansion.

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