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Bhansali Engineering Polymers to set up 200 KTPA Greenfield ABS project in Gujarat

16 Apr 2018 Evaluate

Bhansali Engineering Polymers has received an approval for setting up of a 200 KTPA Greenfield ABS project of the company in the vicinity of Pipavav Port, Gujarat with an authority delegated to MD of the company in order to negotiate, finalize and make investment for the purchase of the land for establishing aforesaid project, and deal with all other pertinent matters incidental thereto. The Board of the company at their meeting held on April 13, 2018, approved the same. 

Bhansali Engineering Polymers is a vertically integrated petrochemical company that manufactures ABS, which acts as a raw material for leading companies dealing in automobiles, home appliances, telecommunications, luggage, bus body and various other applications.

Peers
Company Name CMP
Godrej Industries 1106.50
SRF 2540.10
BASF India 3578.75
Pidilite Inds. 1586.00
Tata Chemicals 670.65
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