Temporary shutdown of Cumene Plant of HOCL from today (11th March 2026).
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hindustan Organic Chemicals Ltd (HOCL) has temporarily shut down its Cumene Plant at the Kochi unit in Kerala from 11th March 2026 evening onwards. The shutdown is caused by BPCL discontinuing LPG supply to HOCL after the Government of India directed public sector oil companies to supply LPG exclusively to domestic consumers. Since LPG is the primary feedstock for HOCL's operations and BPCL is its sole bulk LPG supplier, the company says it had no choice but to halt the plant, calling it a force majeure situation. The Kochi unit is HOCL's only manufacturing facility, producing Phenol, Acetone, and Hydrogen Peroxide. The Hydrogen Peroxide plant will continue to operate normally. HOCL has said it is monitoring the situation and will update the BSE on any developments, including reopening.
This is a negative development for shareholders as the shutdown affects the Cumene Plant, which is a key part of HOCL's Phenol Complex. Loss of LPG feedstock could impact production and revenues from Phenol and Acetone, though the Hydrogen Peroxide line remains operational. The duration of the shutdown is unclear and depends on resolution of the LPG supply issue, making this a near-term uncertainty for the stock.