Haldia Petrochemicals Secures 10-Year Naphtha Supply Deal with QatarEnergy
POWER & RENEWABLE ENERGY

Haldia Petrochemicals Secures 10-Year Naphtha Supply Deal with QatarEnergy

Haldia Petrochemicals Limited (HPL) has successfully concluded a significant 10-year agreement with QatarEnergy for the supply of naphtha. This strategic deal aims to ensure a stable and reliable source of feedstock for HPL's operations, supporting its petrochemical production and expansion plans.

Under the terms of the agreement, QatarEnergy, a leading global energy company, will supply naphtha to Haldia Petrochemicals, enhancing the company's operational efficiency and production capabilities. Naphtha serves as a crucial raw material for HPL's petrochemical processes, including the production of polymers and other downstream products.

The long-term supply agreement with QatarEnergy is expected to bolster Haldia Petrochemicals' competitive position in the global petrochemical market. It provides HPL with certainty of supply and pricing stability, crucial for sustaining its manufacturing operations and meeting market demands.

The agreement underscores HPL's strategic focus on securing sustainable and cost-effective feedstock supplies to support its growth ambitions in the petrochemical sector. It aligns with Haldia Petrochemicals' commitment to operational excellence, innovation, and meeting the evolving needs of its customers across diverse industries.

With this partnership, Haldia Petrochemicals aims to leverage QatarEnergy's expertise and global presence to enhance its supply chain resilience and optimise production efficiencies. The collaboration is expected to drive mutual benefits and contribute to the growth and sustainability of both companies in the competitive global petrochemical landscape.

Haldia Petrochemicals Limited (HPL) has successfully concluded a significant 10-year agreement with QatarEnergy for the supply of naphtha. This strategic deal aims to ensure a stable and reliable source of feedstock for HPL's operations, supporting its petrochemical production and expansion plans. Under the terms of the agreement, QatarEnergy, a leading global energy company, will supply naphtha to Haldia Petrochemicals, enhancing the company's operational efficiency and production capabilities. Naphtha serves as a crucial raw material for HPL's petrochemical processes, including the production of polymers and other downstream products. The long-term supply agreement with QatarEnergy is expected to bolster Haldia Petrochemicals' competitive position in the global petrochemical market. It provides HPL with certainty of supply and pricing stability, crucial for sustaining its manufacturing operations and meeting market demands. The agreement underscores HPL's strategic focus on securing sustainable and cost-effective feedstock supplies to support its growth ambitions in the petrochemical sector. It aligns with Haldia Petrochemicals' commitment to operational excellence, innovation, and meeting the evolving needs of its customers across diverse industries. With this partnership, Haldia Petrochemicals aims to leverage QatarEnergy's expertise and global presence to enhance its supply chain resilience and optimise production efficiencies. The collaboration is expected to drive mutual benefits and contribute to the growth and sustainability of both companies in the competitive global petrochemical landscape.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code