India’s HMEL eyes end-April start up of new Punjab PP unit

13 April 2012 08:30  [Source: ICIS news]

SINGAPORE (ICIS)--India's HPCL-Mittal Energy Ltd (HMEL) will start up its new 440,000 tonne/year polypropylene (PP) plant at Bathinda in Punjab by the end of April this year, a source close to the company said on Friday.

The company had initially planned to start up the unit by early April, the source said without elaborating further on the cause of the delay.

The PP unit will only produce homopolymer grades, including biaxially oriented PP (BOPP) film, cast film, extrusion, fibre and filaments, injection moulding, raffia, thermoforming and tubular quench (TQ) grades, he said.

“Material [from the new PP unit] will be available for the domestic market by end of May or June,” he added.

Meanwhile, the company on 29 March commissioned its new 9m tonne/year refinery at the same site, the source said.

Company officials could not be immediately reached for comment.

HMEL is a joint venture between Hindustan Petroleum Corp Ltd (HPCL) and Mittal Energy. Each company holds a 49% stake in HMEL, while the remaining 2% interest is held by financial institutions.

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By: Ong Sheau Ling
+65 6780 4359



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