Hindustan Organic Chemicals Reduces Production at Kochi Plant Due to LPG Supply Disruption
Hindustan Organic Chemicals Ltd (HOCL) announced a reduction in production at its Kochi plant due to a disruption in bulk LPG supply from Bharat Petroleum Corporation Ltd (BPCL). The disruption follows a Government of India directive prioritizing LPG for domestic consumers. HOCL's LPG buffer stock is expected to deplete by 9 March, leading to a temporary shutdown of its PRU unit and other downstream units if supplies do not resume. The hydrogen peroxide plant will continue operations despite the LPG shortage.
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Hindustan Organic Chemicals Ltd (HOCL) has reduced production at its Kochi plant due to a disruption in bulk LPG supply from Bharat Petroleum Corporation Ltd (BPCL). This disruption is a result of a Government of India directive prioritizing LPG for domestic consumers.
BPCL notified HOCL of a force majeure event affecting LPG supply. HOCL's buffer stock is projected to run out by the evening of 9 March, prompting a reduction in production at the Phenol and Cumene plants and a temporary shutdown of the PRU unit.
The hydrogen peroxide plant will remain operational. HOCL cautioned that continued LPG shortages could result in production losses and increased restart costs.
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