Flood disrupts production operations at Manali Petrochemicals’ both plants

07 Dec 2015 Evaluate

Manali Petrochemicals’ production at its both Plants remains affected since December 02, 2015 due to flooding and the resultant power disruptions. The plant operations are expected to recommence shortly in a phased manner subject to resumption of normalcy in power supply, material movements, etc. Consequently the overall operations for the quarter and the year will be impacted significantly.

Manali Petrochemicals (MPL) is a leader in the production and marketing of Propylene Oxide, Propylene Glycols and Polyols in India. The Company operates two grassroot production facilities at Manali to manufacture Propylene oxide (PO), Propylene Glycol (PG) and Polyols. It markets its Polyols with isocyanates sourced indigenously as well as imported from Japan and China and the pre-polymers produced at MPL in meeting the demand of polyurethane industry in India.

Manali Petro Share Price

63.19 -0.61 (-0.96%)
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Peers
Company Name CMP
Tata Chemicals 1036.75
SRF 2272.65
Pidilite Inds. 2957.00
Aarti Inds 409.00
Atul 7033.55
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