News

Home | Market | News | News Details

News Details

(As on Jul 17, 2025, 11:11)

MPL inaugurates expanded Propylene Glycol Plant

Manali Petrochemicals Limited (MPL), a key player in the petrochemical manufacturing sector and part of AM International, Singapore, has announced the inauguration of its expanded Propylene Glycol (PG) plant. The advanced facility will commence operations upon receiving the Consent to Operate (CTO) from the Tamil Nadu State Pollution Control Board.

With this expansion, MPL will boost its Propylene Glycol production capacity by 50,000 tonnes per annum (KTPA), in addition to its existing 22,000 KTPA, marking a significant step in enhancing domestic manufacturing capabilities. This strategic move aligns with the Government of India’s ‘Make in India’ initiative and reflects MPL’s dedication to reducing dependency on imports through sustainable industrial growth.

Ashwin Muthiah, Chairman of MPL and Founder Chairman of AM International, Singapore, commented:

“I congratulate the MPL team on the successful expansion and inauguration of the Propylene Glycol facility. This state-of-the-art plant reinforces our commitment to sustainable growth, meeting evolving customer needs, and strengthening our market leadership.

It also highlights our focus on domestic manufacturing and supports the government’s ‘Atmanirbhar Bharat’ vision by reducing import dependence and fostering a resilient economy.”

The expanded facility leverages cutting-edge technologies and local expertise, aiming to significantly lower India’s reliance on imported Propylene Glycol while catering to the growing needs of both industrial and domestic markets. This development positions MPL to further contribute to India's emergence as a competitive global manufacturing hub.

TRADEWELL SECURITIES LIMITED
CORPORATE MEMBER OF BOMBAY STOCK EXCHANGE OF INDIA LTD  |  MEMBER ID : 3187  |  NATIONAL STOCK EXCHANGE OF INDIA LTD  |  MEMBER ID: 12835>  |  MULTI COMMODITY EXCHANGE OF INDIA LTD  |  MEMBER ID: 56265
SEGMENTS: BSE CASH  |  BSE STAR MF  |  NSE CASH  |  NSE FO  |  NSE CD  |  NSE MF
SEBI REGN NO. INZ000171936
AMFI ARN CODE: 111875
CDSL DP ID NO. : 12052700 DP SEBI REG.NO.IN-DP-CDSL-432-2007
NSE | BSE | RBI | SEBI | CDSL | MCX | AMFI | SCORES

ATTENTION INVESTORS "Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.......... Issued in the interest of investors". "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with us. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.......... Issued in the interest of investors". "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary".

(Note : Best viewed in 1024 X 768 and above resolution also in IE 9 and above all higher versions.)


Copyright © 2015 Tradewell Securities Limited. All rights reserved.

Designed, developed and content provided by dion

SMS Registration

Submit Clear

Mobile Trading

Segment

Submit Clear

logo

Submit Clear

Investors Grievances

igtsl@tradewellmail.com

Invest By QFI

QFI's Can now invest in Indian Capital Markets Through Tradewell Securities ltd -
For details Contact
Mr K.Brahmaiah - 9246399440/040-23541258.

CLIENT LOGIN

NOTES:

FRANCHISEE LOGIN

NOTES:

INTERNET TRADING

NOTES: