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Manali Petrochemicals to invest Rs 5 crore in overseas subsidiary

03 Feb 2016 Evaluate

Manali Petrochemicals has received an approval for investment of Rs 5 crore in the overseas subsidiary. The board has discussed the overseas investment plans of the company and has approved for the same.

Manali Petrochemicals (MPL) is a leader in the production and marketing of Propylene Oxide, Propylene Glycols and Polyols in India. The Company operates two grassroot production facilities at Manali to manufacture Propylene oxide (PO), Propylene Glycol (PG) and Polyols.


Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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