MOSCOW (MRC) -- Production at Haldia Petrochemicals Ltd (HPL) plant has come back onstream at full throttle, as per Plastemart.
With this, demand of downstream processing units is being met, that had been under pressure of higher priced raw materials, after HPL's shutdown in July last year.
HPL's closure had not only created a shortfall of polymer products - different grades of polypropylene and polyethylene - but also forced many processing units to cut production.
As MRC informed before, in mid-July 2014, the manufacturing plant of Haldia Petrochemicals Ltd was shut down after the naphtha cracker unit developed a technical snag. Earlier, the Haldia plant was running at 50% capacity for long due to working capital crunch.
Haldia Petrochemicals Ltd is a modern naphtha based petrochemical complex at Haldia, West Bengal, India. Haldia has played the role of a catalyst in emergence of more than 500 downstream processing industries in West Bengal with a capacity to process more than 3,50,000 TPA of polymers, among which are polyethylene (PE) and polypropylene (PP).
MRC