Bulletin Updates

Haldia Petrochemicals sells $295M Lummus stake to cut debt – 12 Feb 2025

Feb 12, 2025

Haldia Petrochemicals sells 85% of Lummus for $295M, retaining it within the group

Secures $40M upfront in Lummus deal, with the rest in deferred payment

HPL's sake sale cuts debt and boosts confidence with lenders and rating agencies

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