Haldia Petrochemicals Ltd. and Lummus Technology sign licence amendment

This capacity expansion aligns with HPL's ambitious growth strategy and reflects the company's commitment to supporting India's chemicals industry. HPL is focusing on phenol and cumene and acetone production to meet rising domestic demand and foster downstream chemical sector growth. The facility also includes India's first on-purpose propylene plant using olefins conversion technology (OCT), which Lummus will supply as well. HPL aims to complete the project by Q126.

Mr. Navanit Narayan, WTD and CEO, Haldia Petrochemicals Ltd, remarked on the signing, stating: "Our collaboration with Lummus Technology has enabled us to enhance production capabilities and address India's expanding demand for phenol and acetone. The capacity upgrade to 345 000 tpy reinforces our commitment to delivering high-quality products to support the country's chemical and allied industries."

The signing ceremony also highlighted Lummus Technology's role in supporting HPL's strategic initiatives. "This partnership demonstrates our shared dedication to innovation and progress in the petrochemical sector," said Dr. Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology. "We are proud to support HPL in scaling up its operations and meeting market needs."

This expansion is a significant milestone for HPL, as it strengthens the company's position as a key contributor to India's industrial growth and advances its role in the production of vital chemical intermediates.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/18112024/haldia-petrochemicals-ltd-and-lummus-technology-sign-licence-amendment/