Manali Petrochemicals’ board has approved a proposal for manufacture of Polyester Polyol at an estimated cost of Rs 40 crore, to be implemented in 2 phases, with approximate total capacity of about 9,000 MTPA of which around 90% would be utilized. The funds requirement would be met through internal resources.
The production in the first phase would primarily meet the in-house requirements of the company and also cast elastomers of Notedome in India and UK. The balance quantity available will be sold in the domestic market and potential for exports also exist. The project is scheduled to be implemented over the next two years and is expected to strengthen the product portfolio and further provide higher value addition to the company.
Manali Petrochemicals (MPL) is a leading petrochemical manufacturer based in Chennai, India. It markets propylene glycol and polyols.
| Company Name | CMP |
|---|---|
| BASF India | 3865.25 |
| Tata Chemicals | 761.95 |
| SRF | 2798.45 |
| Pidilite Inds. | 1436.40 |
| Deepak Nitrite | 1861.90 |
| 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: