Entity
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Valor Petrochemicals Limited
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- PetroChemical
- U19201MH2025PLC437592 (CIN)
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/ Mumbai - Maharashtra
- Avenue 1, Bandra East
- 400051
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New Delhi, Jan 6 (PTI) Billionaire Gautam Adani's group has teamed up with Thailand's Indorama Resources Ltd for a foray into the petrochemical business as the ports-to-energy conglomerate looks to expand in adjacencies.
Adani Petrochemicals Ltd, a subsidiary of the group's flagship Adani Enterprises Ltd, "has completed the incorporation process of a joint venture company namely Valor Petrochemicals Ltd (VPL)... with Indorama Resources Ltd, Thailand," Adani Enterprises said in a stock exchange filing.
Adani Petrochemicals and Indorama will hold 50 per cent stake each in the joint venture.
"VPL is incorporated with the objective to set up a refinery, petrochemical and chemical business," it said.
Adani Petrochemicals was incorporated to set up refineries, petrochemicals complexes, speciality chemicals units, hydrogen and related chemicals plants and other similar units in a phased manner.
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Entity Settings
- Category
- Operations Entity
- Status
- A
- V
- P
- Lg
- Sh
Content provided by
| Transaction | Name | Date |
|---|---|---|
| Added by |
Braun, Uwe
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1/14/2025 12:21 PM |
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