Supreme Petrochem has received approval from board of directors for phase II expansion of its Expandable Polystyrene (EPS) plant at Nagothane, Maharashtra by 30,000 MTA. The board has also approved setting of second line of Extruded Polystyrene Board (XPS) with capacity of 1,00,000 M3 and increasing the Masterbatch and Compounds capacity by 50,000 MTA. The capital cost for these capital expenditure schemes shall be met from Company's internal accruals. The company's board in its meeting held on March 10, 2022 has approved the same.
Supreme Petrochem is a leader in Styrenic polymers in India with two manufacturing locations, Amdoshi-Wangani, Maharashtra and Manali, Tamilnadu in India.
| Company Name | CMP |
|---|---|
| Rain Industries | 133.95 |
| Agarwal Indl. Corp | 469.00 |
| TN Petro Products | 92.15 |
| Supreme Petrochem | 770.80 |
| Nexxus Petro Inds | 95.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: