India's Haldia delays cracker restart to end Jan/early Feb

25 January 2010 08:12  [Source: ICIS news]

SINGAPORE (ICIS news)--India's Haldia Petrochemicals has deferred the restart of its cracker complex by two weeks to end January or early February, sources close to the company said on Monday.
No reasons were given for the delayed restart. Company officials were not available for comment.

The company had shut down its 520,000 tonne/year naphtha cracker and polymer plants at Haldia in the West Bengal state at the end of October for a ten-week maintenance turnaround. During this period, the capacity of the cracker and its downstream plants would be expanded by 30%.

The current tightness in Indian polyethylene (PE) and polypropylene (PP) markets is expected to ease when the Haldia complex restarts, traders said.

Haldia's  PE capacity will be increased to around 700,000 tonnes/year from 550,000 tonnes/year, while the capacity of its PP plant will be expanded to 370,000 tonnes/year from 270,000 tonnes/year.

India’s two other cracker operators – Reliance Industries and Gail India Ltd, were running their plants at full capacity, sources close to the companies said.

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By: Prema Viswanathan
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