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Home > News > Duty on naphtha will hit Haldia Petro bottomline > Duty on naphtha will hit Haldia Petro bottomline

Duty on naphtha will hit Haldia Petro bottomline [1]

The Union Budget proposal for re-imposition of five per cent import duty on naphtha for petrochemical production seems to have found its single largest casualty in West Bengal government-promoted Haldia Petrochemicals Ltd (HPL). HPL is reportedly the only major standalone petrochemical facility using naphtha as feedstock. The showpiece industrial project of the State Government estimates a Rs 300-crore hit on bottomline

Publication Date: 
02/03/2008
Business Line [2]
Tags:
Naphtha [3], Trade [4], Petrochemical Industry [5], Power Industry [6]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/duty-naphtha-will-hit-haldia-petro-bottomline

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/duty-naphtha-will-hit-haldia-petro-bottomline
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-line
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/naphtha
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry