Supreme Petrochem to expand EPS plant capacity in India
Petrochemical

Supreme Petrochem to expand EPS plant capacity in India

Company has approved Phase II expansion of its Expandable Polystyrene (EPS) plant at Nagothane, Maharashtra by 30,000 MTA

  • By ICN Bureau | March 14, 2022
The Board of Supreme Petrochem at its meeting held on 10 March 2022 has approved Phase II expansion of its Expandable Polystyrene (EPS) plant at Nagothane, Maharashtra by 30,000 MTA. 
 
Board has also approved setting of second line of Extruded Polystyrene Board (XPS) with capacity of 1,00,000M3 and increasing the Masterbatch and Compounds capacity by 50,000 MTA. 
 
Further, the capital cost for these capital expenditure schemes shall be met from Company's internal accruals.
 
The company owns and operates production facilities from two locations in India, the first at Amdoshi-Wangani Village near Nagothane in District Raigad Maharashtra and the second in New Manali Town near Chennai in Tamil Nadu. SPL exports its products to more than 100 countries around the globe.

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

Other Related stories

Startups

Chemical

Energy

Digitization