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HMEL announces Reserved Incentive (RI) Scheme for PP and PE grades for October 2025

HMEL announces Reserved Incentive (RI) Scheme for PP and PE grades for October 2025

Polymer October 27, 2025

HPCL-Mittal Energy Ltd. (HMEL) has announced a Reserved Incentive (RI) Scheme for Polypropylene (PP) and Polyethylene (PE) grades, applicable on liftings between October 21 and October 31, 2025. The scheme is based on customers’ non-zero monthly average liftings from April to September 2025 and applies to all Prime, Non-Prime, and Off-Grade (OG) materials. ? PP (Polypropylene – HP/ICP/RCP Grades) Basis: Non-zero monthly average lifting from April–September 2025 Incentive Structure: RI-1: Lifting ≥ 90% – ₹1,000/MT RI-2: Lifting ≥ 100% – ₹1,250/MT RI-3: Lifting ≥ 110% – ₹1,500/MT ? LL (Linear Low-Density Polyethylene) Basis: Non-zero monthly average lifting from April–September 2025 Incentive Structure: RI-1: Lifting ≥ 75% – ₹1,000/MT RI-2: Lifting ≥ 90% – ₹1,500/MT ? HD (High-Density Polyethylene) Basis: Non-zero monthly average lifting from April–September 2025 Incentive Structure: RI-1: Lifting ≥ 75% – ₹1,500/MT RI-2: Lifting ≥ 90% – ₹2,000/MTDisclaimer: PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.