CPMA Member Companies
Latest News of CPMA Member Companies
Haldia Petrochemicals set to invest Rs. 50,000 crore
Following up on a memorandum of understanding (MoU) signed with the Tamil Nadu government earlier, representatives from Haldia Petrochemicals called on Chief Minister Edappadi K. Palaniswami on Thursday to discuss investments to the tune of ₹50,000 crore in Cuddalore district
Read MoreHaldia Petrochemicals set to invest Rs. 50,000 crore
Following up on a memorandum of understanding (MoU) signed with the Tamil Nadu government earlier, representatives from Haldia Petrochemicals called on Chief Minister Edappadi K. Palaniswami on Thursday to discuss investments to the tune of ₹50,000 crore in Cuddalore district
MRPL posts Q3 loss of ₹36.64 cr
Mangalore Refinery and Petrochemicals Ltd (MRPL) registered a loss of ₹36.64 crore during the third quarter of 2019-20 as against a loss of ₹267.72 crore in the corresponding period of 2018-19...
DCM Shriram Limited board declares 2nd interim dividend of Rs. 4.20
The Board of Directors of DCM Shriram Limited in their meeting held on 27.1.2020 have declared 2nd interim dividend of 210% i.e. Rs.4.20/- per equity share of face value of Rs.2/- each for the financial year 2019-20, which will be paid/dispatched to all concerned on or before 25.2.2020
Task cut out for Lakshmi Mittal's son Aditya to expand business empire in India
After taking over Essar Steel in India, Aditya Mittal, son of steel baron LN Mittal, has rolled out a plan for expansion of the metal making business in India, besides the family's investments in petrochemicals business. The young Mittal, who was recently appointed the chairman of ArcelorMittal Nippon Steel India (formerly Essar Steel), plans to double the steel production from the Hazira plant to 15 million tonne (MT). He is also in the process of setting up a dual feed petrochemical annual capacity of 1.2 MT, through the joint venture company -- HPCL Mittal Energy (HMEL). HMEL owns 11 MT Guru Gobind Singh Refinery at Bathinda. It was built at a cost of $4 billion in 2012..
India’s OMPL offers benzene for 2020
Indian petrochemical producer, OMPL Mangalore Petrochemicals has offered up to 54,000t of benzene to overseas buyers through a tender issued today.
Bathinda refinery’s Rs 24,000-cr petrochemical plant on track
Coming up at an investment of Rs 24,000 crore, the work on the petrochemical project of the HMEL’s Guru Gobind Singh Refinery is well on track and is set to meet its April 2021 deadline. The project will present Punjab an opportunity to emerge as the second biggest petrochemical hub in the country.
2G ethanol plant to be commissioned in Davangere dist
The Mangalore Refinery and Petrochemicals Limited (MRPL) is in the process of setting up South India’s only 2G ethanol plant at Hanagawadi in Davanagere district....
Gujarat: Arvind Agrawal appointed as Gujarat State Fertilisers and Chemical Limited CMD
Additional chief secretary, finance, Arvind Agrawal, who missed becoming chief secretary, has been transferred and appointed chairman and managing director of Gujarat State Fertilisers and Chemical Limited (GSFC). A 1984-batch officer, Agrawal is the senior most IAS officer in the state, while the new chief secretary, Anil Mukim, is junior to him by one year, a 1985-batch officer
ONGC shelves plan to sell stake in OPaL
Unable to attract a strategic partner for ONGC Petro Additions Ltd (OPaL), Oil and Natural Gas Corp. has shelved its stake sale plans for the petrochemical unit, said two people aware of the development, requesting anonymity.