Mumbai, March 10 -- The disruption follows a government directive requiring public sector oil companies to prioritise LPG supply for domestic consumers, which has triggered a force majeure under the existing bulk LPG supply arrangement.
HOCL stated that its available LPG buffer stock will be exhausted by 09 March 2026.
As a result, the company has reduced production at the phenol and cumene plants and temporarily shut down the PRU unit from March 9. Other downstream units may also be shut within two days if supply disruptions persist. The hydrogen peroxide plant will continue operating.
The announcement was made post trading hours yesterday.
Hindustan Organic Chemicals (HOCL) is engaged in the manufacturing of of phenol, acetone, and ...
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