Hindustan Organic Chemicals announces temporary shutdown at Kochi plant till April 10

4 Apr 2022 , 11:39 AM

Hindustan Organic Chemicals Ltd (HOCL) has informed to the exchanges that its Kochi plant will be temporarily shutdown from April 01, 2022 to April 10, 2022 due to the below mentioned reason.

As per regulatory filing, HOCL, Kochi unit in the state of Kerala (Phenol Complex) is the only manufacturing unit which is engaged in manufacturing of Phenol, Acetone, Hydrogen Peroxide. One of the major raw material for Phenol manufacturing is LPG. LPG is supplied by M/s. BPCL through pipelines.

BPCL has planned a statutory hydrotesting of the LPG supply and return lines from April 1-4, 2022. During this period HOCL Kochi plant will be temporarily shutdown. However, we have enough reserve stock and no sales shall be affected, said company.

At around 11:42 PM, Hindustan Organic Chemicals was trading at Rs30.85 apiece up by Rs0.15 or 0.49% on the BSE.