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HPCL forays into petrochemicals marketing

23 Dec 2022 Evaluate

Hindustan Petroleum Corporation (HPCL) has forayed into Petrochemical Business through Polymer Marketing with the launch of Polymer Brand, ‘HP Durapol’. HPCL Polymer Brand, ‘HP Durapol’, will cover various grades of HDPE (High Density Polyethylene), LLDPE (Linear Low-Density Polyethylene) & PP (Poly Propylene).

HPCL has planned to start the Pre-Marketing of Polymers. This Pre-marketing will be the pre-cursor to marketing of HPCL Rajasthan Refinery (HRRL) products. HRRL is a 9.0 MMTPA and 2.4 MMTPA Petrochemicals integrated Complex. This pre-marketing activity will take HPCL a Leap Beyond in the World of Petrochemicals.

HPCL Polymer products will cater to several end use segments e.g. Food, Agriculture, Textile, Construction, Medical etc. By entering into Petrochemicals business HPCL will reinforce Govt. of India’s mission of Aatmanirbhar Bharat.

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.


Peers
Company Name CMP
Reliance Industries 1209.00
Indian Oil Corpn. 134.10
Bharat PetroleumCorp 305.60
HPCL 345.45
MRPL 169.70
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