Haldia Petrochemicals Ltd., often referred to as HPL, is one of the largest

petrochemical Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sou ...

companies in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

, with a total capacity equivalent to 10,00,000 TPA of

ethylene Ethylene (IUPAC name: ethene) is a hydrocarbon which has the formula or . It is a colourless, flammable gas with a faint "sweet and musky" odour when pure. It is the simplest alkene (a hydrocarbon with carbon-carbon double bonds). Ethylene i ...

. It was formed out of a joint venture between the

Government of West Bengal The Government of West Bengal also known as the West Bengal Government, is the subnational government of the Indian state of West Bengal , created by the National Constitution as the state's legislative, executive and judicial authority. The ...

The Chatterjee Group ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the m ...

TATA Group The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continent ...

and The

Indian Oil Corporation Indian Oil Corporation Limited (IOCL; d/b/a IndianOil) is a central public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. It is a public sector unde ...

in 1994. Commercial Production started in 2001. The factory complex is located 125 km from

Kolkata Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, comme ...

, at

Haldia Haldia is an industrial port city in Purba Medinipur in the Indian state of West Bengal. It is a major river port and industrial belt located approximately southwest of Kolkata near the mouth of the Hooghly River, one of the distributaries of ...

, in the

Purba Medinipur Purba Medinipur (English: ''East Medinipur'', alternative spelling ''Midnapore'') district is an administrative unit in the Indian state of West Bengal. It is the southernmost district of Medinipur division – one of the five administrative d ...

district of

West Bengal West Bengal (, Bengali: ''Poshchim Bongo'', , abbr. WB) is a state in the eastern portion of India. It is situated along the Bay of Bengal, along with a population of over 91 million inhabitants within an area of . West Bengal is the fourt ...

, India. 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 Naphtha ( or ) is a flammable liquid hydrocarbon mixture. Mixtures labelled ''naphtha'' have been produced from natural gas condensates, petroleum distillates, and the distillation of coal tar and peat. In different industries and regions ''n ...

based petrochemical complex with the capacity to process more than 3,50,000 TPA of polymers. 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

External links

* {{Energy companies and organizations in India Petrochemical companies of India Oil and gas companies of India Companies based in West Bengal Non-renewable resource companies established in 1985 1985 establishments in West Bengal Indian companies established in 1985