SUBSIDIARY

HPL INDUSTRIAL PARKS LIMITED

HPL Industrial Parks Limited is a wholly owned (100%) subsidiary of HPL. It has been formed to own, develop, build, integrate and operate small, medium, large scale fully Integrated Industrial/Chemical complexes and/or Parks in India and globally & hold movable and immovable assets related thereto.

DIRECTORS OF HPL INDUSTRIAL PARKS LIMITED:

  • Mr. Subhasendu Chatterjee
  • Mr. Neela Madhab Patnaik
  • Mr. Rabin Mukhopadhyay

HPL INDUSTRIAL ESTATES LIMITED

HPL Industrial Estates Limited is a wholly owned (100%) subsidiary of HPL. It has been formed to own, develop, build, integrate and operate small, medium, large scale fully Integrated Industrial/Chemical complexes and/or Parks in India and globally & hold movable and immovable assets related thereto.

DIRECTORS OF HPL INDUSTRIAL ESTATES LIMITED:

  • Mr. Subhasendu Chatterjee
  • Mr. Neela Madhab Patnaik
  • Mr. Rabin Mukhopadhyay

HALDIA RIVERSIDE ESTATES LIMITED

Haldia Riverside Estate Limited is a wholly owned (100%) subsidiary of HPL and manages the township for HPL employees in Haldia. The dwelling units are also let out to third parties. The Township is situated 13 KM away from plant site. The housing colony is spread over an area of 222 acres approximately. There are 523 houses in the complex spread over an area of 72.45 acres along with a lake covering 46 acres. The township is equipped with shopping complex, clubhouse, parks, playgrounds and other modern amenities.

Directors and Key Managerial Personnel (KMPs) of HREL:

  • Mr. Subhasendu Chatterjee, Director
  • Mr. Ashok Kumar Ghosh, Independent Director
  • Mr. Asis Laskar, Independent Director
  • Mr. Manoj Kumar Srivastava, Managing Director
  • Mr. Rabin Mukhopadhyay, Director
  • Ms. Sarbani Mitra, Director & Company Secretary
  • Mr. Prithwi Manas Mitra, Chief Financial Officer

COMMITTEES OF BOARD

AUDIT COMMITTEE

  • Mr. Ashok Kumar Ghosh (ID), Chairman
  • Mr. Subhasendu Chatterjee
  • Mr. Rabin Mukhopadhyay

NOMINATION & REMUNERATION COMMITTEE

  • Mr. Ashok Kumar Ghosh Chairman
  • Mr. Subhasendu Chatterjee
  • Mr. Rabin Mukhopadhyay

HPL GLOBAL PTE.LTD.

HPL Global Pte Ltd is a wholly owned (100%) subsidiary of HPL, incorporated in Singapore. The main activities of HPL Global is trading operations, comprising import & export of polymers, chemicals, oil and other petrochemical products mainly for its Holding Company i.e. Haldia Petrochemicals Ltd. and MCPI Pvt Ltd, which is a TCG Group entity engaged in manufacture of PTA in Haldia. Initial capital contribution of USD 60 mn dollar has been made from HPL (its holding company).

Directors of HPL Global:

  • Mr. Sanjay Darolia, Director
  • Mr. Chandan Sengupta
  • Mr. Neela Madhab Patnaik
  • Ms. Priti Lakhpati, Director & Secretary

HPL Go Private Limited

HPL Go Private Limited is a wholly owned (100%) subsidiary of HPL. HPL’s plans for profitability improvement include shifting gradually from bulk sale of Motor Spirit (MS) to PSUs to opening Petroleum Retail outlets for MS and High Speed Diesel (HSD). HPL Go Private Limited has been incorporated with the objective of carrying out MS& HSD retail activities. HPL Go aims to launch MS Retail outlets at both Company & dealer owned properties at various locations in West Bengal. The requisite statutory approvals from GoI with respect to retailing of MS are already in place. It is also involved in the business of converting Py Gas through third party intermediary and then direct selling of finished products like Toulene, Mixed Xylene, C 9 etc.

Directors of HPL GO:

  • Mr. Subhasendu Chatterjee, Chairman
  • Mr. Neela Madhab Patnaik
  • Mr. Rabin Mukhopadhyay
  • Mr. Debasis Sen

ADVANCED PERFORMANCE MATERIALS PRIVATE LIMITED

Advanced Performance Materials Private Limited (AdPerma) is a wholly owned (100%) subsidiary of HPL. It has been formed to explore opportunities for naphtha cracker downstream projects which may require partnership with major producers and licensors to access technology which is not available on an exclusive licensing basis. All new value addition projects of HPL are contemplated to be under AdPerma.

Directors and Key Managerial Personnel (KMPs) of AdPerma:

  • Mr. Subhasendu Chatterjee, Whole-time Director
  • Mr. Ashok Kumar Ghosh, Whole-time Director
  • Mr. Partha Sarathi Bhattacharyya, Director
  • Mr. Rabin Mukhopadhyay, Director
  • Mr. Neela Madhab Patnaik, Director & Chief Financial Officer
  • Mr. Keshav Sadani, Company Secretary

SIO2P PRIVATE LIMITED

SIO2P Private Limited (formerly OTOC India Private Limited) (SIO2P) is a wholly owned (100%) subsidiary of HPL. SIO2P has been formed for carrying out manufacturing and selling of petroleum petrochemical and petroleum products. Primary petrochemical products being Poly Ethylene (PE), Poly Propylene (PP), Mono-Ethylene Glycol (MEG), Paraxylene (PX), Benzene, Butadiene, Pyrolysis Gasoline, Pyrolysis Fuel Oil etc., and petroleum products being Gasoline, Deisel, ATF, LPG etc. SIO2P will engage in activities like Project development, Project execution, Marketing and Logistics facility set-up, procurement of goods and services and selling of products.

Directors of SIO2P Private Limited:

  • Mr. Subhasendu Chatterjee
  • Mr. Rabin Mukhopadhyay
  • Mr. Neela Madhab Patnaik

HPL Technologies BV

HPL Technologies BV is a wholly owned subsidiary of HPL which has been formed for purpose of acquisition of Lummus Technology Division (operated through various corporate entities) of McDermott International Inc. HPL Technologies BV along with private equity Rhone Capital formed a Joint Venture to acquire the technology division of MDR for an enterprise value of ~$2.67 Bn on 30th June 2020. MDR hived off its technology business (Target) into a separate SPV which was put up for sale under Chapter XI as per the US Bankruptcy Laws.

Lummus Technology is a leading global licensor of proprietary petrochemicals, refining, gasification and gas processing technologies, and a supplier of proprietary catalysts and related engineering. These technologies are critical in the gasification of coal into syngas, the refining of crude oil into gasoline, diesel, jet fuel and lubricants, and the processing of natural gas into various chemicals and polymers. Lummus has ~130 licensed technologies and more than 3400 patents, patent applications and trademarks. The investment by HPL is strategic and long term in nature and is expected to play a role in HPL’s future expansion plans to set up a crude to chemical manufacturing facility.

Board of Directors:

  • Mr. Neela Madhab Patnaik
  • Mr. Vijay K Chaudhry
  • Mr. Remco Van Paassen

ADPLUS CHEMICALS AND POLYMERS PRIVATE LIMITED

To set up and/or invest into setting up and/or acquire existing manufacturing and/or processing units and facilities within the country and/or globally in the business of specialty chemicals and/or advanced polymers including but not limited to manufacturing, trading, development, servicing, materials application etc.

DIRECTORS OF ADPLUS CHEMICALS AND POLYMERS PRIVATE LIMITED:

  • Mr. Subhasendu Chatterjee
  • Mr. Ashok Kumar Ghosh
  • Mr. Neela Madhab Patnaik
  • Mr. Rabin Mukhopadhyay
  • Mr. Partha Sarathi Bhattacharya
Top