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(plasteurope) -- By April 2012, HPCL-Mittal (HMEL,
Bathinda, Punjab / India) – a joint venture between Hindustan Petroleum
Corporation (HPCL, Mumbai / India) and Mittal Energy (Singapore) plans to
commission a new 440,000 t/y PP plant at its headquarters in Bathinda. According
to media reports posted on the company’s website, the facility will also produce
PP homopolymers.
HPCL-Mittal Energy Limited (HMEL) is a joint venture
between Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy
Investment Pte Ltd, Singapore - a Lakshmi N Mittal Group Company. Both the JV
partners hold a stake of 49% each in the company, the rest 2% is held by
financial institutions. The land mark public-private partnership company has
built the 9 MMTPA Guru Gobind Singh Refinery. |
