Today's KNOWLEDGE Share :Haldia Petrochemicals to start polycarbonate production
Today's KNOWLEDGE Share
India's First polycarbonate production at Haldia Petrochemicals
Haldia Petrochemicals is likely to invest over Rs 8,500 crore (apprx 1 billion Dollars) for polycarbonate production in Bengal. This petrochemical compound, not in production in India, would be an import substitute. Polycarbonate is mainly used in the automotive industry which continues to grow in the country.
Since all polycarbonate in India is imported and considering huge demand in India and have signed licence agreement with Lummus Technology for the the production of Polycarbonate,this will bring more domestic product manufacturers to come forward to start the production of various products based out of polycarbonate.
source:Times of India
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