Archive · 4 Oct 2026
Adperma Eyes Public Listing, Expands Phenol and Acetone Production
Adperma is a company that makes specialty chemicals and plastics materials.
It is opening a large plant in Haldia to make phenol and acetone.
These chemicals are used to make things such as plastics, coatings, medicines, and personal-care products.
The plant can make 345,000 tonnes of phenol and 215,000 tonnes of acetone each year.
India currently imports about half of its need for these chemicals.
Adperma says the plant could help meet more of that need in India.
The company may increase production as demand grows.
It is also thinking about selling shares to the public, but has not set a plan or date.
Adperma is considering a public listing, but has no firm plan or timeline.
Its new Haldia plant, set to be inaugurated on 14 October, can produce 345,000 tonnes of phenol and 215,000 tonnes of acetone annually.
The plant was developed with an investment of ₹6,000 crore and could help reduce India’s imports of the chemicals.
Adperma may scale phenol capacity beyond 345,000 tonnes per year within three to four years as markets grow; the facility could reach 400,000 tonnes with minor investment.
The company is also identifying projects that use phenol and acetone as raw materials to increase the value generated from its production.
- Who
- Adperma Pvt. Ltd., whose executive director Navanit Narayan also leads Haldia Petrochemicals.
- What
- Adperma is preparing to open a phenol and acetone plant, considering higher production and evaluating a possible public listing.
- When
- The plant is scheduled to be inaugurated on 14 October; no year is stated.
- Where
- Haldia, West Bengal, India.
- Why
- To meet growing demand, reduce reliance on imports, and develop downstream projects that use phenol and acetone.
- Plant investment
- ₹6,000 crore
- Phenol capacity
- 345,000 tonnes per annum
- Acetone capacity
- 215,000 tonnes per annum
- Potential phenol capacity
- The plant could reach 400,000 tonnes per annum with minor investment.
- India's import dependence
- India imports about 50% of its requirement for phenol and acetone.
- Market size
- India's phenol and acetone market is valued at around ₹20,000 crore.
- Public listing
- Internal discussions are underway, with no concrete roadmap or timeline.