Tag: HOCL

Letter to Union Minister of Chemicals and Fertilizers

Dear Sri. Ananth Kumarji,

Hindustan Organic Chemicals Ltd (HOCL) has a unit in Kerala, which produces Phenol, Acetone and Hydrogen Peroxide. Consequent to the decision to exempt import duty for Phenol and Acetone in 2012 the Kochi unit became a loss making one. It may be noted that, the Kochi unit started functioning since 1987 and has been consistently making profits till the above import duty exemption. (more…)