Address: P.O. – Bhuniaraichak, Haldia, Dist. – Purba Medinipur.

Contact: (03224) 275572-573,FAX – 275574

Website: http://www.wbidc.com/overview/mccpta.htm

Products: P.T.A. or Purified Terephthalic Acid

Details: Purified Terephthalic acid is being used for so many kinds of polyester products. It forms the basis of one of the core products for MCC. When this MCC is baked with all kinds of advanced technology of world and its plant is in Japan, Korea and Indonesia. In last few years, it has become one of the leader in PTA market. For polyester products, India has been attracting so many customers towards it. That made it very essential for PTA and this company to flourish here. PTA established its own center in Haldia and West Bengal was selected as the best location for any of such plants. There were many reasons for it, West Bengal has one of the best port facilities and it has abundance land. It also has greater availability of skilled labor.

As you look for PTA market, it enjoys 30% share in India market and it is spreading its service all across the country. There is an expected growth of 5-8% per annum and that is surely going to boost up the performance of MCCPI. MCPI has soon initialized a landmark journey by establishing its own factory in Haldia. It has been able to build itself as a great industry in west Bengal as it enjoys abundance land. There is 212 acres of land in the northern region and also on the Haldia region along the bank of Hooghly River. The company has been able to generate its own power supply as it generates 25 MW. There are other utilities too like water, which it receives from Basudevpur Water works of Haldia Development Authority. There is a great dedicated pipeline that has been generated between Haldia and MCPI port to meet the need of water. The project saw its first date in September 1999. The project was completed in December 1999. In fact since 2000, the project has started its own stream line. There are two townships that have been built in Haldia and there are all kinds of safety and amnesties that will solve other purposes.

There has been very constricted market condition since the year 2002 and the demand for such things have increased since last few years. There are many kinds of positive indications that have been seen. There are some of the captioned subjects that have come up in this company. If you look at the net profit ratio and the last few sales chart of the company, there are good progresses seen in the charts.