STOCKWATCH
·
Petrochemicals
Business Update20 Apr 2026, 12:55 pm

Manali Petrochemicals Resumes Plant-1 Operations After Propylene Supply Resumption

AI Summary

Manali Petrochemicals Limited has announced the resumption of operations at its Plant-1 in Manali, Chennai. The plant was temporarily suspended on March 12, 2026, due to a complete cessation of propylene supply from Chennai Petroleum Corporation Limited (CPCL), a Force Majeure event. Following a revised Office Memorandum from the Department of Pharmaceuticals, Government of India, a fixed daily allocation of propylene has been granted to Manali Petrochemicals, to be supplied by CPCL. The company will commence the restart process immediately, with operations expected to resume in a phased manner. The Force Majeure condition is considered resolved to the extent of this allocation, and normal production is anticipated soon. Operations at Plant-2 remain unaffected.

Key Highlights

  • Plant-1 operations resuming after Force Majeure resolution.
  • Government allocates fixed daily propylene supply from CPCL.
  • Phased restart of operations expected to commence immediately.
  • Plant-2 operations remain unaffected by the disruption.
MANALIPETC
Petrochemicals
MANALI PETROCHEMICAL LTD.

Price Impact