Tamilnadu Petroproducts Ltd Suspends PO Plant Operations Due to Middle East Crisis

Tamilnadu Petroproducts Ltd has announced a temporary disruption in the operations of its Propylene Oxide (PO) plant at Manali location. This decision comes after the Ministry of Petroleum & Natural Gas (MoPNG) directed refineries and oil marketing companies to suspend supplies of crude-based petroleum products to downstream industries and prioritize their usage in LPG production. The stoppage of propylene supply, a key raw material for the PO plant, has led to this temporary shutdown, which is considered a force majeure event. The impact of this event is currently unquantifiable, and any further material updates will be promptly communicated to the Stock Exchanges.