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Haldia Petrochemicals

Haldia Petrochemicals Ltd., often referred to as HPL, is one of the largest petrochemical companies in India, with a total capacity equivalent to 10,00,000 TPA of ethylene.[2] It was formed out of a joint venture between the Government of West Bengal, The Chatterjee Group, TATA Group and The Indian Oil Corporation in 1994. Commercial Production started in 2001. The factory complex is located 125 km from Kolkata, at Haldia, in the Purba Medinipur district of West Bengal, India.

Haldia Petrochemicals Ltd.
TypePrivate
IndustryPetrochemical
Founded2001; 22 years ago (2001) at Kolkata, West Bengal, India
HeadquartersKolkata, West Bengal, India[1]
Area served
Worldwide
Key people
Purnendu Chatterjee
ProductsPolymers
Revenue 11,324.9 crore (US$1.4 billion) (2017)[1]
2,227.5 crore (US$280 million) (2017)[1]
ParentThe Chatterjee Group
Websitewww.haldiapetrochemicals.com

The Corporate office is located in Kolkata, West Bengal. Address: Haldia Petrochemicals Limited (West Bengal), Eco Intelligent Park, Tower 1, Block EM, Plot No 3, Sector V, Salt Lake; PO: Bidhan Nagar, District: North 24 Parganas, Kolkata 700091, West Bengal.

HPL is a naphtha based petrochemical complex with the capacity to process more than 3,50,000 TPA of polymers.[citation needed]

Its main products are Linear Low Density Polyethylene (LLDPE), High Density Polyethylene (HDPE), Polypropylene (PP), Benzene, Butadiene, Cyclopentane, C4 Hydrogenated (LPG), Pyrolysis Gasoline (Py Gas), Carbon Black Feedstock (CBFS) and Motor-Spirit, MTBE and Butene-1.

History

  • 1985 Incorporated as a public limited company
  • 1992 Environmental Clearance of the project received
  • 1994 MOU signed between WBIDC, Chatterjee Fund Management, Soros Fund Management & Tata group of companies for implementation of HPL Complex through a joint venture co.
  • 1996 Land Acquisition completed
  • 1997 Project construction started
  • 2000 Project Commissioned. Trial production started
  • 2003 Corporate Debt Restructuring (CDR) Approved
  • 2004 Reported PAT for the first time. Turnover exceeded US$1 Billion
  • 2005 Capacity enhanced by 25%
  • 2007 Turnover exceeded US$2 Billion. Reported maximum PAT since inception
  • 2009 HPLCL buyout and management control
  • 2010 Completion of project Supermax

References

  1. ^ a b c "HPL catches profit pulse". telegraphindia.com.
  2. ^ . Haldia Petrochemicals Ltd. Archived from the original on 18 February 2012. Retrieved 6 December 2011.

External links

haldia, petrochemicals, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, contains, content, that, written, like, advertisement, please, help, improve, rem. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view December 2018 Learn how and when to remove this template message This article relies largely or entirely on a single source Relevant discussion may be found on the talk page Please help improve this article by introducing citations to additional sources Find sources Haldia Petrochemicals news newspapers books scholar JSTOR December 2018 This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent third party sources December 2018 Learn how and when to remove this template message This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Haldia Petrochemicals news newspapers books scholar JSTOR April 2013 Learn how and when to remove this template message Learn how and when to remove this template message Haldia Petrochemicals Ltd often referred to as HPL is one of the largest petrochemical companies in India with a total capacity equivalent to 10 00 000 TPA of ethylene 2 It was formed out of a joint venture between the Government of West Bengal The Chatterjee Group TATA Group and The Indian Oil Corporation in 1994 Commercial Production started in 2001 The factory complex is located 125 km from Kolkata at Haldia in the Purba Medinipur district of West Bengal India Haldia Petrochemicals Ltd TypePrivateIndustryPetrochemicalFounded2001 22 years ago 2001 at Kolkata West Bengal IndiaHeadquartersKolkata West Bengal India 1 Area servedWorldwideKey peoplePurnendu ChatterjeeProductsPolymersRevenue 11 324 9 crore US 1 4 billion 2017 1 Net income 2 227 5 crore US 280 million 2017 1 ParentThe Chatterjee GroupWebsitewww wbr haldiapetrochemicals wbr comThe Corporate office is located in Kolkata West Bengal Address Haldia Petrochemicals Limited West Bengal Eco Intelligent Park Tower 1 Block EM Plot No 3 Sector V Salt Lake PO Bidhan Nagar District North 24 Parganas Kolkata 700091 West Bengal HPL is a naphtha based petrochemical complex with the capacity to process more than 3 50 000 TPA of polymers citation needed Its main products are Linear Low Density Polyethylene LLDPE High Density Polyethylene HDPE Polypropylene PP Benzene Butadiene Cyclopentane C4 Hydrogenated LPG Pyrolysis Gasoline Py Gas Carbon Black Feedstock CBFS and Motor Spirit MTBE and Butene 1 History EditThis section does not cite any sources Please help improve this section by adding citations to reliable sources Unsourced material may be challenged and removed April 2013 Learn how and when to remove this template message 1985 Incorporated as a public limited company 1992 Environmental Clearance of the project received 1994 MOU signed between WBIDC Chatterjee Fund Management Soros Fund Management amp Tata group of companies for implementation of HPL Complex through a joint venture co 1996 Land Acquisition completed 1997 Project construction started 2000 Project Commissioned Trial production started 2003 Corporate Debt Restructuring CDR Approved 2004 Reported PAT for the first time Turnover exceeded US 1 Billion 2005 Capacity enhanced by 25 2007 Turnover exceeded US 2 Billion Reported maximum PAT since inception 2009 HPLCL buyout and management control 2010 Completion of project SupermaxReferences Edit a b c HPL catches profit pulse telegraphindia com About Haldia Petrochemicals Haldia Petrochemicals Ltd Archived from the original on 18 February 2012 Retrieved 6 December 2011 External links EditOfficial website Retrieved from https en wikipedia org w index php title Haldia Petrochemicals amp oldid 1134945287, wikipedia, wiki, book, books, library,

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