Manali Petrochemicals has received its board’s approval for additional investment of up-to $1 million in its wholly owned subsidiary AMCHEM Speciality Chemicals Singapore in one or more tranches for exploring further overseas business opportunities. The company’s board gave approval for the same at the meeting held on January 31, 2017.
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.
