Supreme Petrochem is implementing capacity addition/expansion project at its plant situated at village Amdoshi, Nagothane, Maharashtra.
The company is undertaking establishment of a new line for production of Polystyrene which is likely to be completed by December 2021. The expansion is expected to enhance production capacity of the company by 80,000 tpa.
It is also revamping EPS plant resulting into increased production capacity by 20,000 tpa. The project is likely to be completed by December 2021.
The cost of the expansion projects and other improvement plans proposed to be undertaken in the plants is estimated at around Rs 250 crore and will be met from internal accruals.