Manali Petrochemicals to Expand Propylene Glycol Capacity
Manali Petrochemicals Ltd., among the large producers of petrochemical products in India, has announced that it plans to increase the Propylene Glycol production capacity of its Chennai plant from 22,000 TPA to 70,000 TPA.
Currently India imports about 75% of its annual Propylene Glycol demand of about 1,00,000 TPA. Thus, this is a big development and would make India much self-reliant in the production of Propylene Glycol.
The estimated cost of this project is INR 150 Cr and is to be completed in 18 to 21 months if all the regulatory approvals are in place.