Manali to Expand
Manali Petrochemicals to set-up overseas subsidiary
Manali Petrochemicals has received an approval for setting up an overseas subsidiary through which the company proposes to expand its global footprint. The board of directors at their meeting held on November 04, 2015 has approved for the same.
The company is a premier Indian Polyol manufacturer and is in process to transform itself as an Indian multi-national for which it is keen to foray into the PU markets abroad. The company is considering various locations around the globe for setting up system houses and related activities in the next 2 – 3 years.
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.
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