Expansion27 Jul 2026, 07:11 pm
Supreme Petrochem Expands Polystyrene Capacity by 80,000 TPA
AI Summary
Supreme Petrochem Ltd announced a significant expansion of its Polystyrene production capacity by 80,000 tonnes per annum (TPA) at its Amdoshi Complex. This expansion, estimated to cost Rs. 325 Crores, is expected to be completed by March 2029. Upon completion, the company's total Polystyrene capacity will increase to 3,80,000 TPA. The rationale behind this expansion is the increasing demand from the appliances sector in India and growing export potentials. The company also disclosed its unaudited financial results for the first quarter ended June 30, 2026.
Key Highlights
- Supreme Petrochem to add 80,000 TPA Polystyrene capacity.
- Total Polystyrene capacity to reach 3,80,000 TPA post-expansion.
- Investment of Rs. 325 Crores planned for the expansion.
- Expansion driven by demand in appliances sector and exports.
- Capacity addition targeted for completion by March 2029.
Price Impact
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