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| | Corporate Front: Strategy, Will Haldia Fulfil Its Plastic Dreames? |
 | | In the heart of Haldia Petrochemicals' 1,200-acre complex in south Bengal is the perpetually busy project office of Toyo Engineering Corporation (TEC), the engineering, procurement, and construction (EPC) contractor for the naphtha cracker unit. |
 | | In any case, Haldia's Managing Director Ayyawamy Krishnamurthy, 62, joined from the Rs 2,484.70 crore Associated Cement Companies (ACC) in 1993, and is largely seen as a candidate of the Tatas and the state government. |
 | | However, for the equity component, Haldia clearly needs an international strategic partner, particularly as the promoters have realised that the poor state of the domestic capital markets is hampering fund-raising. |
| www.india-today.com /btoday/22111998/cf3.html (1265 words) |
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