Supreme Petrochem plans Rs. 1200 Cr investment to fund expansion plans
01.06.2023 By Tank Terminals - NEWS

January 6, 2023 [Chemical Industry Digest] – In order to meet increased demand, Supreme Petrochem Limited (SPL), a producer of Styrenics and Expandable Polystyrene (EPS), has  planned a capex of Rs. 1,200 crore.

 

The company is investing capital to increase the Masterbatches, Compounds, and XPS capacities at its Amdoshi Plant, Raigad, Maharashtra. This brownfield expansion for enhancing its polystyrene and expandable polystyrene is complete and is awaiting consent to operate from the State Pollution Control Board.

Meanwhile,  the brownfield expansion in Chennai is almost finished, and it is anticipated that it will be ready for commissioning by the end of November 22.

The company has an agreement for License and Basic Engineering Design with Versalis for Mass ABS, the preferred engineering plastic for use in automobile parts. The basic engineering package for this plant’s first line is currently being created.

With Versalis, the company has signed into a license and basic engineering design agreement for Mass ABS, the preferred engineering plastic for use in automobile parts. The basic engineering package for this plant’s first line is currently being created.

SPL operates two production facilities, one at Amdoshi and Vangani Village near Nagothane in Raigad, Maharashtra and the second at New Manali Town near Chennai in Tamil Nadu.

Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Gascade Completes 400km German Hydrogen Pipeline Conversion
12.12.2025 - NEWS
December 12, 2025 [H2 View]- Gascade Gastransport has completed the conversion of 400km of natura... Read More
Exclusive: Oman's OQ in Talks With Partners for Duqm Petrochem Project as Sabic Withdraws
12.12.2025 - NEWS
December 12, 2025 [Reuters]- Oman’s state energy group OQ is in talks with new potential pa... Read More
Suncor Energy Targets Major Production Boost in 2026
12.12.2025 - NEWS
December 12, 2025 [Oil Price]- Canada’s oil producer Suncor Energy expects to grow its upstream... Read More
Canada’s Cenovus Energy To Boost 2026 Oil Production
12.12.2025 - NEWS
December 12, 2025 [Oil Price]- Cenovus Energy expects its upstream production to rise by about 4%... Read More