Wedoany.com Report-May 1, Haldia Petrochemicals Ltd (HPL), a leading company in India’s petrochemical sector, has signed an agreement with Lummus Technology to increase the phenol production capacity at its upcoming Phenol and Acetone Plant in Haldia, West Bengal. The deal, formalized by Navanit Narayan, Whole-time Director & CEO of HPL, and Dr. Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals at Lummus Technology, will boost the plant’s phenol output from 300 KTPA to 345 KTPA.

Haldia Petrochemicals has signed a license amendment with Lummus Technology to expand its phenol production capacity for the upcoming Phenol and Acetone Plant in Haldia, West Bengal.

This expansion supports HPL’s strategy to enhance its contribution to India’s chemical industry. With an investment exceeding INR 5,000 crore in Haldia, HPL is expanding production of phenol, cumene, and acetone to meet growing domestic needs and support related industries. The facility will also feature India’s first on-purpose propylene plant using olefins conversion technology provided by Lummus. The project is slated for completion by the first quarter of 2026.

Navanit Narayan, WTD & CEO of Haldia Petrochemicals Ltd, commented: "Our collaboration with Lummus Technology has enabled us to enhance production capabilities and address India’s expanding demand for phenol and acetone. The capacity upgrade to 345 KTPA reinforces our commitment to delivering high-quality products to support the country’s chemical and allied industries."

The agreement underscores Lummus Technology’s role in advancing HPL’s goals. Dr. Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals at Lummus Technology, stated: "This partnership demonstrates our shared dedication to innovation and progress in the petrochemical sector. We are proud to support HPL in scaling up its operations and meeting market needs."

HPL’s investment in Haldia strengthens its role as a key supplier of essential chemical intermediates, fostering growth in India’s industrial landscape. By integrating advanced technology and expanding production, the company aims to efficiently meet market demands while maintaining high standards. The project also highlights HPL’s focus on sustainable development, ensuring its operations align with the needs of India’s chemical sector.

The Phenol and Acetone Plant expansion positions HPL to play a vital role in supporting downstream industries, contributing to the country’s economic and industrial progress. This milestone reflects the company’s dedication to innovation and its commitment to addressing the evolving needs of the market through reliable, high-quality production.