New Delhi, Oct. 4 -- State-run Indian Oil Corp-backed Haldia Petrochemicals Ltd's (HPL) speciality chemicals and advanced polymers subsidiary, Adperma Pvt. Ltd, is exploring a public listing.

Private-sector firm Adperma plans to increase its phenol and acetone production, which are used to make polycarbonate plastics and epoxy resins for lightweight, shatterproof plastics in the automotive industry, electronics, and high-performance protective coatings, said the firm's executive director Navanit Narayan in an interview. He is also the HPL managing director and chief executive officer.

Adperma's first phenol plant in Haldia, West Bengal, developed with a capex of Rs.6,000 crore, will be inaugurated on 14 October. The facility will have a...