IHS Chemical Week

World News and Views :: Top of the News

Haldia dispute close to being resolved, Indian Oil no longer interested

3:39 AM MDT | June 12, 2014 | Natasha Alperowicz

The West Bengal government and The Chatterjee Group (TCG)—co-promoters of Haldia Petrochemicals (HPL; Kolkata), the only major producer of petrochemicals and polymers on the east coast of India, have agreed to resolve their decade-old dispute over the ownership and control of HPL, local reports say. However, the country’s banking regulator now holds the key to the deal being funded.   West Bengal has agreed to hand control of HPL to TCG by selling 520 million shares at 25.10 Indian rupee/share, the same price as was offered by Indian Oil...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa