Manali Petrochemicals has received an approval for additional investment of up to $15 million in AMCHEM Speciality Chemicals (AMCHEM), Singapore, the wholly owned subsidiary of the company for the potential acquisition of an overseas System House. The board of directors at its meeting held on September 08, 2016 has approved for the same.
Manali Petrochemicals 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.
