Tag Archives | Gail

PO surplus set to continue

Despite India’s stellar economic performance there are signs that the country’s polyolefin surplus will not disappear very soon. In a presentation at last week’s Asian Chemical and Petrochemical Conference, Raj Datta of Haldia Petrochemicals Ltd drew out three scenarios. In the first case, India would have a surplus of 2m tonnes of polyethylene (PE) and […]

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New petchem partners

Gail’s quest for petrochemicals has taken an interesting turn. It is now looking to tie up with Reliance Industries and Hindustan Petroleum Corp Ltd (HPCL) to set up two greenfield petrochemical plants. HPCL has planned a cracker at Visakhapatnam and it is likely that Gail will take a stake in this project. As for the […]

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Assam blunder?

Today’s Assam Tribune reports that the Indian prime minister will lay the foundation stone for Gail’s Assam cracker project on 9 April. This is a project that has never made sense but it looks like politicians are determined to see it completed. For those who have forgotten, the project was first proposed in 1985. The […]

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