Haldia Petrochemicals Limited (HPL), a leading force in India's petrochemical industry, has taken a significant step towards bolstering its phenol production capabilities. The company has inked a license amendment agreement with Lummus Technology on November 14 to increase the capacity of its upcoming phenol and acetone Plant in Haldia, West Bengal in India.

The strategic move will see HPL's phenol production capacity rise from 300 kilotons per annum (KTPA) to 345 KTPA. This expansion aligns seamlessly with HPL's ambitious growth plan and underscores its commitment to supporting India's burgeoning chemicals industry.

HPL's substantial greenfield investment of over $59.22 billion (Rs. 5,000 crores) in Haldia is not limited to phenol. The company is also focusing on expanding its cumene and acetone production capacities to meet the growing domestic demand and stimulate growth in the downstream chemical sector.

A key highlight of this investment is India's first on-purpose propylene plant, which will utilize Olefins Conversion Technology (OCT) supplied by Lummus. The entire project is slated for completion by the first quarter of 2026.

Commenting on the partnership, Mr. Navanit Narayan, Whole-time Director & CEO of HPL, expressed his enthusiasm and said, "Our collaboration with Lummus Technology has been instrumental in enhancing our production capabilities and addressing India's rising demand for phenol and acetone. The capacity upgrade to 345 KTPA reaffirms our dedication to delivering high-quality products to support the nation's chemical and allied industries."

Dr. Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals at Lummus Technology echoed the sentiment. "This partnership signifies our shared commitment to innovation and progress in the petrochemical sector. We are honored to support HPL in scaling up its operations and meeting the evolving market needs," he said.

This expansion marks a significant milestone for HPL, solidifying its position as a key contributor to India's industrial growth and reinforcing its role in the production of crucial chemical intermediates. As the company continues to invest in cutting-edge technology and sustainable practices, it is poised to drive further growth and innovation in the Indian petrochemical industry.

About Lummus Technology –

Lummus Technology is a global leader in providing innovative engineering solutions, advanced technologies, and services to the energy, petrochemical, and industrial sectors. The company offers a wide range of proprietary technologies, including catalytic and petrochemical process technologies, as well as plant design, commissioning, and optimization services. With a strong emphasis on sustainability, Lummus Technology helps its clients improve operational efficiency, reduce emissions, and achieve cost-effective solutions across various industries. Their expertise spans refining, chemicals, natural gas, and alternative energy sectors, making them a key player in driving progress within the energy transition.