Thursday, August 09, 2012

Haldia board to study Swiss based Kolmar proposal for a conversion arrangement

The board of cash-strapped Haldia Petrochemicals Ltd. (HPL) will consider at its meeting next week the proposal submitted by Switzerland-based Kolmar for a conversion arrangement, as per The Hindu. HPPL had invited proposals from ` international business houses having a group turnover of US$500 mln in 2011 with experience in petrochemicals feedstock sourcing and marketing of finished products’.

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