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City-based petrochemical company Supreme Petrochem (SPL) is planning to set up four plants to manufacture extruded polystyrene (XPS) insulation boards.<br><br>
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Supreme Petrochem Lines Up Plants for Eco-friendly Material City-based petrochemical company Supreme Petrochem (SPL) is planning to set up four plants to manufacture extruded polystyrene (XPS) insulation boards. The product caters to the growing demand for eco-friendly material for construction. The first plant would be set up at Amdoshi near Nagothane with a capacity of about 5,000 TPA and is expected to be commissioned by June 2008, the company chief executive (export marketing) R Rangarajan said. SPL has plans to invest close to Rs 100 crore on the expansion over the next few years. commercial and residential buildings. The company has also tied-up with overseas XPS is among a slew of new products that are slated to reduce energy consumption in
machinery suppliers to supply the equipment. Globally, petrochem companies like Dow and BASF are among the major players that convert polystyrene into XPS. SPL is promoted by Supreme Industries and R Raheja Investments with both holding 29.67% stake in the company. It is the largest polystyrene producer in India, company sources said. SPL notched up a net profit of Rs 33 crore on sales of Rs 1,500 crore in 2006-07. The plant will use polystyrene, manufactured at Amdoshi for the XPS production. XPS is produced from a mixture of about 90-95% polystyrene and 5-10% gaseous blowing agent, most commonly pentane or carbon dioxide. XPS is commonly known by the trade name Styrofoam. The voids filled with trapped gas give it low thermal conducted. Read More: http://justforinforamation.over-blog.com/2020/11/supreme-petrochem-lines-up-plants -for-eco-friendly-material.html