Manali Petrochemicals (MPL) has reportedly charted out plan to take the company global. In this regard, the company is planning to set up five applications centres across the world and talks are on to set them in Qatar, Singapore, US and in Western Europe. The company will invest around Rs 150 crore through its subsidiary to be created in Singapore.
The application centres will work on new technologies and create better systems for existing applications, which would cater to needs of their respective geographies. These new facilities will be the prime driver in MPL’s expansion plans and will be crucial in augmenting the company's capabilities in product development and technology generation, catering to its global customer base. The first application has been set up in Manali in Chennai.
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.
