💡 Company commissioned EPS-Phase II expansion, increasing production capacity from 85,000 TPA to 115,000 TPA with Rs. 54 crores investment.

What Happened

Supreme Petrochem Limited has commissioned its EPS-Phase II expansion project at the Amdoshi Plant in Nagothane, Maharashtra. This expansion increases the company's total production capacity of EPS from 85,000 tonnes per annum (TPA) to 115,000 TPA. The project involved an investment of Rs. 54 crores, which was financed through internal accruals.

Key Details

Why It Matters

This capacity expansion is a significant growth initiative for Supreme Petrochem, representing a 35% increase in its EPS production capacity. The company states the rationale is to meet projected demand growth in key sectors including packaging, construction, and cold supply chain. Commissioning new capacity typically allows a company to capture more market share and increase revenue potential, especially when financed through internal funds rather than debt. The announcement indicates management confidence in future demand and operational execution capabilities.

Disclaimer: This is publicly available information sourced from NSE. Not investment advice.

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