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Manali Petrochemicals gets nod to manufacture Polyester Polyol

25 May 2022 Evaluate

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.

Manali Petro Share Price

55.28 -1.41 (-2.49%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3865.25
Tata Chemicals 761.95
SRF 2798.45
Pidilite Inds. 1436.40
Deepak Nitrite 1861.90
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