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New Polyethylene and Poly Propylene plant started by HMEL in 2021

India’s HPCL and Mittal Energy Limited is planning to start a new 450,000 mt/year high density polyethylene plant and a new 500,000 mt/year polypropylene plant in Bhatinda in 2021 in line with a new 1.2 million mt/year steam cracker project. The company has an existing 440,000 mt/year PP unit at the same site.Market sources welcomed the news, given that India's net deficit in polymers is growing. India's demand is around 10 million mt/year of polymers in 2019.