Haldia Petrochemicals and Lummus Technology to expand phenol production capacity
Haldia Petrochemicals Limited (HPL), a major Indian petrochemicals industry player, has signed a licence amendment with Lummus Technologies to expand phenol production capacity at its upcoming phenol and acetone plant in Haldia, West Bengal.
The agreement was signed by Mr. Navanit Narayan, Full-time Director and CEO of HPL and Dr. Romain Lemoine, Chief Commercial Officer, Polymers and Petrochemicals, Lummus Technology.
This marks a major step for HPL in increasing its phenol production capacity from 300 KTPA (Kilo Tons Per Annum) to 345 KTPA.
This capacity expansion is in line with HPL’s ambitious growth strategy and reflects the company’s commitment to supporting the Indian chemical industry. Under its massive greenfield investment of over INR 5,000 crore in Haldia, HPL is focusing not only on phenol but also on the production of cumene and acetone.
This is to cater to the growing domestic demand and boost growth in the downstream chemical industry. The facility also includes one of the first dedicated propylene plants in India using Olefin Conversion Technology (OCT), which Lummus will also supply. HPL plans to complete the project by Q1 2026.
Speaking at the signing ceremony, Mr. Navanit Narayan, WTD and CEO of Haldia Petrochemicals Limited, said: “Our partnership with Lummus Technology enables us to increase our production capacity to meet the growing demand for phenol and acetone in India. The capacity upgrade to 345 KTPA reinforces our commitment to supply high-quality products to support the country’s chemical and allied industries.”
The signing ceremony also highlighted the role played by Lummus Technology in supporting HPL’s strategic initiatives. “This partnership demonstrates our shared dedication to innovation and advancement in the petrochemical sector,” said Dr. Romain Lemoine, Chief Commercial Officer, Polymers and Petrochemicals, Lummus Technology. “We are proud to support HPL in scaling up its operations and meeting market demands.”
This expansion is a major milestone for HPL as it strengthens the company’s position as a major contributor to India’s industrial growth and enhances its role in the production of important chemical intermediates.
2026-07-27
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
AkzoNobel Rejects €12.5 Billion Offer from Nippon Paint and Sherwin-Williams, Sticks to Merger with Axalta
-
PPG and Lucid Motors Partner to Advance EV Coating Technology
-
Kering Sees 16% Revenue Decline in H1 2025, But Beauty Shows Resilience
-
Clariant and Shanghai Electric Partner to Advance Biomass-Based Green Methanol in China
-
When Light Falls on Metal: The Industrial Romance of Xiaomi × BASF
-
LBB Specialties to Distribute Imerys' Mineral Ingredients in North America
-
BASF’s Zhanjiang Integrated Site Commissions New Neopentyl Glycol (NPG) Unit
-
BASF and IFF Collaborate to Accelerate Innovation in Enzymes and Polymers
-
China Activates Blocking Rules in Response to U.S. Sanctions on Petrochemical Firms
-
Lipoid Kosmetik Announces New U.S. Market Distribution Partnership with Omya
Recommend Reading
-
BASF Technology with CFRP Lands in Nanjing: High-Performance Dispersant Production Line Officially Commissioned
-
Sinopec Launches Dual Supercomputing Centers to Power Industry Innovation and Boost Tech Efficiency
-
Lanxess Q2 Profit Slides 17 Percent Sales Down 12.6 Percent as Global Slowdown Bites
-
Shengquan Group H1 Profit Jumps 51 Percent Revenue Hits 5.35 Billion Yuan AI and EV Boom Drive New Materials Surge
-
BASF Signs New Robotics Materials MoU with Fourier to Accelerate Plastics Innovation
-
Geopolitical Expectations Reversal Drags Down Crude Oil, Wednesday's Plunge Exceeds 5%
-
Supply Shortage Supports Strong Performance in Chinese Metallurgical Coke Market
-
Weak Supply and Demand, Falling Costs: Acrylic Acid Prices Hit New Lows and Stabilize
-
High Inventory Levels Put Pressure on DMF Market
-
May China Gasoline and Diesel Market Trends Show Volatility