Supreme Petrochem Ltd has decided to set up a production line for styrene methyl methacrylate (SMMA) at its Amdoshi (Nagothane, Maharashtra) plant. For this, the company will modify one of the three polystyrene (PS) producing lines at the plant into a swing line capable of producing 42,500 tonne per annum of SMMA in addition to PS.
“The technology for the modification of the PS line and production of SMMA will be from Polysty Inc, USA. The cost of the project, including hardware and technology fee should be around Rs 6 crores and will be met from internal accruals. The plant start-up is expected by end of 2016 and the estimated payback period is two years,” said Supreme Petrochem.
Supreme Petrochem Ltd manufactures polymers such as polystyrene, expandable polystyrene (EPS), extruded polystyrene foam boards (XPS), etc at its two facilities in Nagothane and New Manali Town, Chennai (Tamil Nadu).
