Seven big companies of our country and from abroad have shown their interest to invest around Rs. 1300 crores in the down stream Projects of Haldia Petrochem. Haldia’s main plant will produce the items like Naptha cracker, Ethylene. Poly Propylene, BUTADIENE, BENZENE and Carbon black. These items will beused as the new material of the plastic & chemical based products. According to the state govt.'s planning, the down stream units can be setup with the investment varying from 10 lakhs to 20/25 crores. Even Rs. 150 crores would be invested for the manufacturing of Chemical based products.500 acres of land have been indentified to set up a poly pack for a comprehensive complex of big & medium plastic product units. Haldia Main Plant have the capacity of producing 6 lakh tonnes Ethylene & Poly Propylene in every year. Presently West Bengal requires 2 lakh tones of new material for manufacturing plastic based products. After the statement of production of Haldia this need can be met by Haldia Petrochem.

Big foreign companies are expected to participate in the down stream for manufacturing chemical based companies. One giant German Company is coming to Haldia with an investment of Rs. 450 crores to produce Synthetic rubber from Butadiene. After finalising the Project Proposal the unit will be completed within 2 and half years. One Indian company will manufucture 34 tonne of carbon black in every year from carbon black feed stock. This project will be completed by 10 months with the investment of Rs. 150 crore one US based company is also ready to invests 50 crores for manufacturing chemical products form Ethylene of HPL.

Haldia Petro Chemicals Ltd. is a Rs. 5170 crore (US $15 billion) naphtha based Project being setup for the first time in the Eastern Region. The plant will manufacture a wide range of polyolegins and associated liquid co-products. The naphtha cracter capacity for the first phase will be 4,20,00 pa Ethylene, with technology from ABB cummus USA. The project is scheduled to commerce commercial production during mid 1999.

The Chatterjee Group is going ahead with its proposed refinery and power plants. In addition, there are proposals from two other groups to set up refineries at Haldia. Bayer proposes to set up a Chemical complex. Several companies have proposed to establish petrochem downstream projects. Cons-truction work has started for LPG terminals of IOC, Caltex, Eastern India LPG. IBP, Hindustan Petroleum and Bharat Petroleum are setting up POL terminals.

Mitsubishi Chemical Corporation's PTA plant will be in operation by Feb 2000. L&T, Prax Air, ITW Signode, Shamon Ispat, Bhushan Steel, Southasian Petrochemicals,IFB are also setting up other units. Work will also start soon for Paharpur Group's mega fertilizer plant.