Haldia Petrochemicals

Haldia Selects Multiple Lummus Technologies for India's First On-Purpose Propylene Plant and Largest Cumene and Phenol Plant

Retrieved on: 
Wednesday, November 1, 2023
RS, HPL, Versalis, C5, Carbon, Engineering, Plant, Employment, Lummus, OCT, C4, Petrochemical, Haldia Petrochemicals

HOUSTON, Nov. 1, 2023 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Haldia Petrochemicals Ltd. (HPL) will license its olefins conversion technology (OCT) and the Lummus/Versalis cumene and phenol technologies for a new plant in West Bengal, India.

Key Points: 
  • Once HPL's plant is complete, it will be India's largest cumene and phenol plant and the nation's first on-purpose propylene plant.
  • The integration of OCT will strengthen India's petrochemical market by allowing production of more phenol products locally rather than by importing them.
  • Lummus' scope includes the technology license for OCT and cumene and phenol technologies, basic design engineering, site services, advisory services and training.
  • In addition, Lummus and Versalis have partnered to license phenol and cumene technologies since 2007.

24th World Petroleum Congress Announces Diamond and Platinum Sponsors

Retrieved on: 
Tuesday, August 29, 2023
Diamond, China National Petroleum Corporation, Birmingham Organising Committee for the 2022 Commonwealth Games, Accreditation, Marketing, AB, CNPC, Platinum, Government, Saudi Aramco, Organization, Congress, Haldia Petrochemicals, City, Climate change, Natural gas, Suncor Energy, Repsol, Path, Cenovus Energy, Accenture, Oil

CALGARY, Alberta, Aug. 29, 2023 (GLOBE NEWSWIRE) -- The Organising Committee for Canada (“OCAN”) for the 24th World Petroleum Congress is proud to announce its Diamond and Platinum sponsors.

Key Points: 
  • CALGARY, Alberta, Aug. 29, 2023 (GLOBE NEWSWIRE) -- The Organising Committee for Canada (“OCAN”) for the 24th World Petroleum Congress is proud to announce its Diamond and Platinum sponsors.
  • The diverse sponsors supporting the 24th Congress include global and domestic energy leaders and supporting companies.
  • “The World Petroleum Congress is supported by prominent companies from around the world,” said Denis Painchaud, President & CEO, OCAN.
  • The 24th World Petroleum Congress will be an opportunity to learn and discover from the industry’s top executives, government leaders, policy authors, innovators and technical experts.

2022 Insights on the MEASA Plastics Industry - Growing Concern about Plastic Waste to Influence Material Innovation and Recycling - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 24, 2022
Other Manufacturing, Environment, Manufacturing, Petro, Adoption, SASOL, USD, PVC, OPC, PS, Haldia Petrochemicals, Growth, BPCL, Linear low-density polyethylene, Indian Oil Corporation, Bharat Oman Refinery Limited, Polyvinyl chloride, Final good, IOC, Q-Chem, LDPE, HDPE, SABIC, Technology, HMEL, KT, Chem, Income, Reliance Industries, PET, LLDPE, Petrochemical, Automotive industry

This study presents an assessment of the plastics industry in MEASA in 2021 and evaluates its future prospects.

Key Points: 
  • This study presents an assessment of the plastics industry in MEASA in 2021 and evaluates its future prospects.
  • The current size of the plastics industry in the region is assessed by factors such as end-use sector growth, substitution potential, political, socioeconomic, regulatory, environmental, raw material trends, and technology adoption.
  • These factors are classified under drivers and restraints and are used in the forecast analysis.
  • The study lists the key market participants and the critical competitive factors to achieve organic growth and gain a solid foothold in the market.

Lummus Digital Joint Venture Formed by Lummus Technology and TCG Digital to Accelerate Digital Transformation

Retrieved on: 
Tuesday, November 17, 2020
TCG, MCube, Haldia Petrochemicals, Lummus, Industries

HOUSTON and NEW YORK, Nov. 17, 2020 /PRNewswire/ --Lummus Technology and TCG Digital today announced that the companies have formed a joint venture called Lummus Digital.

Key Points: 
  • HOUSTON and NEW YORK, Nov. 17, 2020 /PRNewswire/ --Lummus Technology and TCG Digital today announced that the companies have formed a joint venture called Lummus Digital.
  • This joint venture will co-create and innovate with other areas of the group like TCG Crest, our research university, LabVantage and Haldia Petrochemicals."
  • "Lummus Digital will leverage the tcg mcube data platform to drive operational excellence, improve plant safety, enhance reliability, and increase margins."
  • TCG Digital and Lummus Technology are portfolio companies of The Chatterjee Group (TCG), which has an enviable track record as a strategic investor in many sectors.

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

Retrieved on: 
Wednesday, July 1, 2020
Lummus, Purnendu Chatterjee, West Bengal, Haldia Petrochemicals, Chatterjee, States and union territories of India, Surnames

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

Retrieved on: 
Tuesday, December 10, 2019
Chemicals, Plastics, Manufacturing, Haldia Petrochemicals, Petrochemical industry, Indian Oil Corporation, Industries, Petrochemical, Companies, Economy of India, BSE SENSEX, CNX Nifty, National Petrochemical Company

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

Retrieved on: 
Monday, April 8, 2019
Manufacturing, Chemicals, Plastics, CNX Nifty, BSE SENSEX, Companies, Polyolefins, Plastics, Organic compounds, Economy of India, Packaging materials, Oil and Natural Gas Corporation, GAIL, Linear low-density polyethylene, Haldia Petrochemicals

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

Retrieved on: 
Monday, March 25, 2019
Manufacturing, Chemicals, Plastics, Natural Resources, Agriculture, BSE SENSEX, CNX Nifty, Companies, Economy of India, Chemistry, Oil and Natural Gas Corporation, GAIL, Petrochemical, Haldia Petrochemicals, Haldia, Indian Oil Corporation, Reliance Industries Limited

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.