Supreme Petrochem Ltd Commences EPS-Phase II Expansion at Maharashtra Plant
Supreme Petrochem Ltd has initiated the EPS-Phase II expansion project at its Amdoshi Plant located in Nagothane, Maharashtra. The commissioning of this significant expansion marks a major boost to the company's production capabilities.The expansion increases the company's total production capacity.
Operational details regarding the expansion, including capacity figures and investment requirements, are summarized below.
| Particulars | Details |
|---|---|
| Existing Capacity | 85,000 M.T. per year |
| Existing Capacity Utilization | 75% |
| Proposed Capacity Addition | 30,000 M.T. |
| Period within which the proposed capacity is to be added | EPS- Phase II expansion Project at Amdoshi Plant, Nagothane, Maharashtra commissioned. |
| Investment Required Made | Rs. 54 crores |
| Mode of Financing | Internal accruals |
| Rationale | To meet the projected demand growth in packaging, construction and cold supply chain |
SPLPETRO Stock Price Movement
Shares of Supreme Petrochem Limited slipped 2.34% on Monday, settling at ₹727.7. The stock shed ₹17.45 during the session, with trading activity reporting a volume of 51,030 shares.Source:
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