Haldia Petrochemicals

The Chatterjee Group, Rhône Capital Complete Joint Acquisition of Lummus Technology

Wednesday, July 1, 2020 - 12:44am

HOUSTON, June 30, 2020 /PRNewswire/ -- Lummus Technology today announced that Haldia Petrochemicals Limited, the flagship company of The Chatterjee Group (TCG), and investment funds affiliated with Rhne Capital have successfully completed the joint acquisition of Lummus from McDermott International.

Key Points: 
  • HOUSTON, June 30, 2020 /PRNewswire/ -- Lummus Technology today announced that Haldia Petrochemicals Limited, the flagship company of The Chatterjee Group (TCG), and investment funds affiliated with Rhne Capital have successfully completed the joint acquisition of Lummus from McDermott International.
  • "This new and notable chapter starts with Lummus being a standalone company, as we will be theonly major process technology licensor that is independent and privately held," said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology.
  • Dr. Purnendu Chatterjee, Founder Chairman of TCG, added:"Our investments are both strategic and long-term, where most span across 25-30 years.
  • Rhne has invested in a diversified portfolio of companies including investments in the business services, consumer and industrial sectors.

Global Petrochemicals Capacity and Capital Expenditure Outlook, H2 2019 - 2030: China Leads Global Petrochemical Capacity Additions - ResearchAndMarkets.com

Tuesday, December 10, 2019 - 11:00am

The "H2 2019 Global Petrochemicals Capacity and Capital Expenditure Outlook - China Leads Global Petrochemical Capacity Additions" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "H2 2019 Global Petrochemicals Capacity and Capital Expenditure Outlook - China Leads Global Petrochemical Capacity Additions" report has been added to ResearchAndMarkets.com's offering.
  • China is expected to lead the global petrochemical industry capacity growth from planned and announced projects between 2019 and 2030 with 27% share.
  • These countries collectively contribute about 151.8 mtpa of the total global planned and announced petrochemical capacity additions by 2030.
  • Haldia Petrochemicals Ltd, China Petrochemical Corp, and Indian Oil Corp Ltd are the top three companies in terms of planned and announced capacity additions during the outlook period.

India LLDPE Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2017, 2018 & 2020-2030 - ResearchAndMarkets.com

Monday, April 8, 2019 - 3:57pm

The "India LLDPE Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India LLDPE Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030" report has been added to ResearchAndMarkets.com's offering.
  • The demand for LLDPE in India stood at 1,849 KTPA in 2018 and is projected to grow at a CAGR of 5.82% during 2019-2030 to reach 3,646 KTPA by 2030.
  • All these factors are expected to positively impact the Indian LLDPE market during 2019-2030.
  • Some of the major players operating in the Indian LLDPE market are Reliance Industries Limited, GAIL India Limited, Indian Oil Corporation Limited, Haldia Petrochemicals Limited, ONGC Petro additions Limited, Brahmaputra Cracker and Polymer Limited, etc.

India Ethylene (Comprehensive Techno-Commercial) Market Analysis and Forecast, 2013-2017 & 2019-2020 & 2030 - ResearchAndMarkets.com

Monday, March 25, 2019 - 11:30am

The "India Ethylene (Comprehensive Techno-Commercial) Market Analysis and Forecast, 2013-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Ethylene (Comprehensive Techno-Commercial) Market Analysis and Forecast, 2013-2030" report has been added to ResearchAndMarkets.com's offering.
  • Growing demand for polymers for the manufacturing of plastics is the primary factor expected to aid the country's ethylene market.
  • Some of the major players operating in the Indian ethylene market are Reliance Industries Limited, Indian Oil Corporation Limited, GAIL (India) Limited, ONGC Petro Additions Limited, Haldia Petrochemicals Limited, etc.
  • To identify major news, deals and expansion plans in the Indian ethylene market.