Kolkata, Sept. 22 -- Adperma Private Limited, a subsidiary of Haldia Petrochemicals Limited (HPL), is set to strengthen domestic supplies of phenol and acetone and reduce India's dependence on imports with the commissioning of its '6,000-crore integrated facility at Haldia in West Bengal.
The facility is being positioned as the first phenol manufacturing plant on India's eastern coast. The location is expected to give Adperma better access to customers across eastern India, particularly those in industries such as laminates, plywood, foundries, refractories, pharmaceuticals and coatings.
"Haldia's key advantage is its combination of feedstock integration, multimodal connectivity and proximity to the Eastern Indian market," CEO Mr Vasudeva said.
Adperma plans to primarily cater to the Indian market during the initial phase, while also undertaking some exports. Once operations stabilise, the company intends to explore opportunities further down the value chain, including the potential to substitute imported downstream products.
The facility will have a production capacity of 345 KTPA of phenol and 215 KTPA of acetone. The company expects the additional domestic capacity to provide customers with a reliable and integrated source of the two important chemical intermediates.
The project is also aimed at supporting the development of a broader domestic value chain by strengthening production, supply and market access for phenol and acetone.
Published by HT Digital Content Services with permission from Millennium Post.