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India is one of the fastest-growing petrochemical markets in the world. The petrochemical universe is vast, and polymers are an important constituent. The demand for polymer products is on a sustainable upward trajectory driven by strong economic fundamentals & current low per capita consumption.
HPCL is foraying into the petrochemical market via commissioning of refinery-cum-petrochemical complex, HPCL Rajasthan Refinery Limited (HRRL) by 2024. This complex has ~9 MMT refining capacity and includes ~2.4 MMT of petrochemical production capacity focused on Polypropylene (PP), Polyethylene (PE), and aromatics. In the build-up to the plant commissioning, we have initiated seed marketing to establish our brand, develop a network of customers and market understanding. We have set-up a dedicated petrochemical organization with strong marketing experience and capabilities. Our premarketing will be supported by state-of-the-art HP Green Center to provide technical support to our customer.
HP Durapol Polymer Products
In the premarketing phase, we are offering PE and PP grades under our flagship brand HP DuraPolTM. Through this brand, we seek to build long-term, sustainable relationships with converters to help them build the next generation of innovative plastic products.
Among the several segments of PE and PP, we have identified five grades to be offered in the seed marketing phase. These include HDPE General Purpose Blow Moulding, HM Film, LLDPE Film/Slip, PP Raffia, PP Injection Molding.
|PP RAFFIA - (HR033)
|PP INJECTION MOULDING - (HM120A)
|HDPE GPBM - (B57004)
|HDPE HM FILM - (F55004)
|LLDPE SLIP - (F01019S)
Our Polyethylene (PE) products include - High Density Polyethylene (HDPE), and Linear Low-density Polyethylene (LLDPE). Manufactured via advanced technology, these grades find applications in industrial containers for HDPE GPBM, industrial liners for HDPE HM Film and general-purpose packaging films for LLDPE Slip.
Our PP products are also manufactured through advanced technology and find applications in woven sacks and monofilaments for PP Raffia and furniture, caps and closures, containers, and houseware for Injection Moulding.
This new business line is aimed at creating exponential value for the Indian economy, Indian people, our customers, and our employees. Harmonizing with the Make in India campaign, HPCL's Petrochemical business is a major step towards fostering innovation, enhancing skill development, augment intellectual property, facilitate investment & build best in class manufacturing infrastructure. The business will be instrumental in the sustainable economic development of the country & will contribute to the Prime Minister's goal of making India a 5 trillion economy by 2024.
Our ambition is not just to market products but to deliver happiness by ensuring the supply of quality products in a timely manner. Our petrochemical business is focused on creating invaluable smiles by unlocking people's potential & improving the quality of their life.
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