Fourth in the chain of ten operating Refineries of IndianOil, Haldia Refinery is one of the two refineries of IndianOil Group Companies producing Lube Oil Base Stocks (LOBS). The Refinery was custom-built in January 1975. It is located 136 km downstream of Kolkata in the district of Purba Medinipur, West Bengal, near the confluence of river Hooghly as well as Haldi.

Indian Oil Corporation (IOC) had prepared to set up a Rs 1,450 crore hydrocracker unit to be set up at its Haldia refinery for which German firm Lurgi is setting up a point by point extend report.

This is a piece of the general Rs 3,500 crore venture that has been reserved for the condition of West Bengal between 1999-2000 and 2002-3, which constitutes an expected 12 for every penny of the aggregate speculations arranged broadly.

The Rs 3,500 crore would be used for expanding the framework and affiliate arrange in the state.

This incorporates different undertakings of the Haldia Refinery, setting up of LPG packaging plants, setting up of Haldia-Barauni unrefined petroleum circle line extend, LPG import office at Haldia, arrangements of extra tankages and extension of affiliate systems. This was uncovered at a public interview held at Calcutta on Monday by the IOC official chief, eastern locale.