Kolkata is not only a cultural hub but also a thriving business centre. The presence of various industries, including refineries, underscores its economic significance. This article explores how the refining industry influences Kolkata’s real estate dynamics, creating a symbiotic relationship between corporate enterprises and the local property market.
Business landscape in Kolkata
Kolkata boasts a diverse economic landscape, with a significant presence of refineries. These industrial giants are crucial in fueling the city’s economic engine. Additionally, Kolkata houses a vibrant IT sector, pharmaceutical companies, and a robust healthcare industry. The city’s port and trade activities further contribute to its economic vitality.
Top Refineries in Kolkata
Haldia Petrochemicals
Industry: Refinery
Sub Industry: Petrochemicals
Company Type: Public Limited
Location: Haldia, West Bengal – 721607
Founding Date: 2000
Established in 2000, Haldia Petrochemicals Ltd stands as a cornerstone of the petrochemical industry in Kolkata. Headquartered in Haldia, West Bengal, this industry leader specialises in producing a diverse range of petrochemical products. Their state-of-the-art refinery is strategically located, contributing significantly to the industrial landscape of Kolkata. With a strong emphasis on quality and innovation, Haldia Petrochemicals Ltd has played a pivotal role in meeting the region’s petrochemical demand.
Indian Oil Petronas
Industry: Refinery
Sub Industry: Petroleum
Company Type: Joint Venture
Location: Kolkata, West Bengal – 700017
Founding Date: 1998
Indian Oil Petronas Pvt Ltd, a joint venture between Indian Oil Corporation and Petronas, has been a vital player in the petroleum refining industry since its establishment in 1998. With their refinery located in Kolkata, West Bengal, this esteemed company has been instrumental in meeting the region’s energy needs. Their commitment to excellence and sustainability is evident in their operations, contributing significantly to Kolkata’s energy landscape.
Dulichand Oils
Industry: Refinery
Sub Industry: Edible Oils
Company Type: Private Limited
Location: Kolkata, West Bengal – 700012
Founding Date: 1947
With a legacy dating back to 1947, Dulichand Oils Private Limited has been a trailblazer in edible oil refining. Operating from Kolkata, West Bengal, this esteemed company has contributed to the food industry. Their refinery produces high-quality edible oils, serving both domestic and international markets. Dulichand Oils Private Limited’s commitment to quality and consumer satisfaction has earned them a commendable reputation in the industry.
Costal Energy
Industry: Refinery
Sub Industry: Energy
Company Type: Public Limited
Location: Kolkata, West Bengal – 700052
Founding Date: 1994
Since its inception in 1994, Costal Energy Ltd has been a significant player in the energy sector. Operating from Kolkata, West Bengal, this dynamic company has made noteworthy contributions to the region’s energy landscape. Their refinery is geared towards producing various energy-related products, addressing the diverse energy needs of Kolkata. Coastal Energy Ltd’s dedication to sustainable energy solutions has positioned it as a critical player in the industry.
Petro Carbon and Chemicals (Atha Group)
Industry: Refinery
Sub Industry: Petrochemicals
Company Type: Private Limited
Location: Kolkata, West Bengal – 700016
Founding Date: 1989
Petro Carbon and Chemicals Pvt Ltd, a part of the Atha Group, has been a leading player in the petrochemicals sector since its establishment in 1989. With its refinery located in Kolkata, West Bengal, this esteemed company specialises in producing a wide range of petrochemical products. Their operations have significantly contributed to Kolkata’s industrial growth, showcasing their commitment to excellence in the petrochemical industry.
Greater Calcutta Gas Supply Corporation Ltd
Industry: Refinery
Sub Industry: Gas Supply
Company Type: Public Limited
Location: Kolkata, West Bengal – 700012
Founding Date: 1857
Since 1857, Greater Calcutta Gas Supply Corporation Ltd has been a pioneering force in the gas supply sector. Their operations in Kolkata have been instrumental in meeting the city’s growing demand for gas. With its headquarters in Kolkata, West Bengal, this esteemed company has been a cornerstone of the city’s industrial heritage, providing a crucial service to the residents and industries of Kolkata.
Carbon Resources Pvt Ltd
Industry: Refinery
Sub Industry: Carbon Products
Company Type: Private Limited
Location: Kolkata, West Bengal – 700071
Founding Date: 1976
Established in 1976, Carbon Resources Pvt Ltd has been a distinguished carbon product refining player. Operating from Kolkata, West Bengal, this esteemed company produces high-quality carbon products that serve diverse industries. Their refinery’s strategic location and commitment to quality have solidified their position as a key contributor to Kolkata’s industrial landscape.
Balmer Lawrie & Co. Ltd
Industry: Refinery
Sub Industry: Greases and Lubricants
Company Type: Public Limited
Location: Kolkata, West Bengal – 700001
Founding Date: 1867
Balmer Lawrie & Co. Ltd, a legacy from 1867, stands as a stalwart in the grease and lubricant refining industry. Operating from Kolkata, West Bengal, this dynamic company has been a cornerstone of the city’s industrial heritage. Their refinery produces high-quality greases and lubricants, contributing significantly to Kolkata’s industrial landscape.
Ellenbarrie Industrial Gases Ltd
Industry: Refinery
Sub Industry: Industrial Gases
Company Type: Public Limited
Location: Kolkata, West Bengal – 700017
Founding Date: 1973
Since its establishment in 1973, Ellenbarrie Industrial Gases Ltd has been a significant player in the industrial gas refining sector. Operating from Kolkata, West Bengal, this esteemed company caters to the diverse needs of industries requiring industrial gases. Their operations have been instrumental in supporting the industrial ecosystem of Kolkata.
Linde India Ltd
Industry: Refinery
Sub Industry: Industrial Gases
Company Type: Public Limited
Location: Kolkata, West Bengal – 700071
Founding Date: 1935
Linde India Ltd, part of the global Linde Group, has been a significant player in the industrial gas refining since its establishment in 1935. Their refinery in Kolkata, West Bengal, plays a pivotal role in meeting the industrial gas requirements of various industries. Linde India Ltd’s global expertise and commitment to excellence have positioned it as a key contributor to Kolkata’s industrial landscape.
Commercial real estate demand for refineries in Kolkata
Office Space: The presence of these refineries has led to a heightened demand for office spaces in Kolkata. With an influx of professionals working in the refining industry, there is a growing need for well-equipped office spaces in strategic locations.
Rental Property: Simultaneously, the rental property market in Kolkata has experienced a notable surge. Property owners near these refineries have witnessed increased demand for residential spaces from employees seeking proximity to their workplaces.
Impact of refineries in Kolkata
The presence of refineries in Kolkata has not only bolstered the city’s industrial landscape but also profoundly impacted the local real estate market. This symbiotic relationship between the refining and real estate sectors has resulted in thriving commercial and residential areas around these refineries. The demand for both office spaces and rental properties has seen a substantial upswing, creating a dynamic real estate environment in Kolkata. This trend is expected to persist as the refining industry is pivotal in the city’s economic growth.
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