In a bid to consolidate its position and meet the aggressive challenge from multinationals, Manali Petrochemicals (MPL) is planning to increase its capacity to produce polyols from the current 50000 TPA to 150,000 TPA using an innovative technical process to produce additional Propylene Oxide (PO). Meanwhile, necessary approvals are being sought for this capacity increase.
This brown filed investment will help MPL produce cost-effective PO in the manufacture of products like Polyurethane Foams (PU), which find extensive use in the automotive, construction, refrigeration and other industrial products. Polyol demand in India is estimated to be roughly 500000 MT in a market dominated by transnational petrochemical companies such as Dow, Shell, Bayer, BASF and Huntsman.
Manali Petro, the only Indian supplier, often feels the impact of aggressive pricing through cheap imports by MNC companies. However, through innovation, tight cost control and strong technical support, Manali Petro has established itself in the Indian market. This move will give Manali Petrochemicals significant scale and ability to further penetrate the market. The latest technology will ensure efficient and global manufacturing best practices.
Manali Petrochemical is a leader in the production and marketing of propylene glycol and polyols in India.
