Who We Are
Dhunseri Petrochem Limited (DPL) was incorporated on 11.5.1916 with the name Dhunseri Tea Co. Ltd. The Company’s first business was cultivation and production of tea at its tea estates in the State of Assam.
Later, the Company acquired the Bottle Grade PET Resin business of South Asian Petrochem Limited at Haldia in the State of West Bengal in terms of a Scheme of Arrangement with effect from 1.4.2009 and the name of the Company was changed to Dhunseri Petrochem & Tea Limited, the Company having two operating divisions i.e. Petrochem & Tea.
Pursuant to a Scheme of Arrangement with effect from 1st April 2014, the Company’s Tea Division was demerged and the IT SEZ division of the Company was re-organised. The Company was carrying the Petrochem business with its Plants at Haldia and Egypt. Accordingly, the name of the Company was changed to Dhunseri Petrochem Limited.
Pursuant to a Scheme of Arrangement with effect from 1.4.2016, the PET Resin business of the Company in India has been transferred to Dhunseri Petglobal Ltd.
The Company is now carrying on its remaining business of treasury operations in shares and securities of other bodies corporate and has interest in PET Resin business in Egypt through its subsidiary, namely Egyptian Indian Polyester Company S.A.E., and business of developing and providing infrastructure facilities in Special Economic Zone for information technology and information technology enabled services (“IT/ITES”) Bantala in the State of West Bengal through another subsidiary, namely Dhunseri Infrastructure Limited.