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

Fortescue Delays Norwegian Green Hydrogen Project Beyond 2029 Amid PPA Revision
12.18.2025 - NEWS
December 18, 2025 [Energy News]- Fortescue Metals Group has revised the power purchase agreement ... Read More
Petrovietnam BASF Cooperates in Developing Green Methanol, Pioneering the Energy Transition
12.18.2025 - NEWS
December 18, 2025 [Petro Times]- Petrovietnam and BASF have just organized a “Green- met me... Read More
Shell Seeks Buyers for Stake in Germany's Schwedt Refinery
12.18.2025 - NEWS
December 18, 2025 [Hydrocarbon Processing]- Shell has restarted efforts to sell its stake in Germ... Read More
KBR’s Methanol Technology Selected by Fikrat Al-Tadweer for the First Biomethanol Plant in Saudi Arabia
12.18.2025 - NEWS
December 18, 2025 [KBR]- KBR announced today that it has been awarded a contract for its PureMSMÂ... Read More