Supreme Petrochem Accelerates Growth with Major Expansion Plans

Supreme Petrochem Limited (SPL), India’s largest producer of Polystyrene and Expandable Polystyrene, is poised for substantial growth as it embarks on a significant expansion project at its Amdoshi facility. The company is set to initiate a Mass ABS Project, targeting a total capacity of 140,000 MTPA, which will be executed in two phases of 70,000 MTPA each. The first phase is expected to be completed by March 2025.

The Mass ABS process that SPL is adopting is recognized for its environmentally friendly nature, particularly because it avoids water pollution, unlike traditional emulsion processes. To support this endeavor, SPL has entered into a licensing and engineering agreement with Versalis-Eni Chemicals Group for the first phase, with the total project cost projected at Rs. 850 crores for both phases.

In addition to the Mass ABS Project, SPL is also focusing on increasing its capabilities in Compounds, Masterbatches, and Expandable Polystyrene (EPS) at the Amdoshi plant to meet the rising market demand for these products. This expansion reflects the company’s strategy to enhance its production capacities in line with customer requirements.

SPL has also made a strategic investment by acquiring 96 acres of land in Munak, Karnal, Haryana. This site will host a new facility dedicated to manufacturing Polystyrene, Expandable Polystyrene, and various derivative components such as EPS, 3D panels, and PS sheeting lines. The development of this facility will be executed in phases over the next 36 to 48 months, contingent upon obtaining the necessary regulatory approvals. The estimated investment for this project is Rs. 800 crores, which will be funded through the company’s internal resources.

Established as a joint venture between Supreme Industries Ltd. and the Rajan Raheja Group, SPL began its journey in 1995 with a Polystyrene plant in Amdoshi that had an initial capacity of 66,000 MTA. Over the years, this facility has evolved into a comprehensive styrenics complex, currently boasting a capacity of 422,000 MTA. SPL’s production portfolio includes a range of advanced materials, such as Polystyrene, Expandable Polystyrene (EPS), specialty compounds, and Masterbatches. The company is particularly notable for operating India’s first and only plant for Extruded Polystyrene Insulation Foam Board (XPS), which underscores its leadership in promoting sustainable building practices and energy-efficient construction, helping to reduce overall carbon emissions.

Once the first phase of the Mass ABS project and the second phase of the EPS expansion are completed, SPL’s overall capacity at the Amdoshi complex is expected to reach 522,000 MTA. Additionally, SPL operates a second EPS manufacturing facility in Manali New Township, near Chennai, which has a capacity of 33,000 MTA.

Demonstrating its commitment to sustainability, SPL has also launched a 12.5 MW solar power plant in collaboration with Tata Renewable Energy Ltd., aiming to reduce reliance on traditional energy sources. This initiative not only supports the company's operational goals but also aligns with broader environmental objectives, emphasizing the importance of sustainable practices in the petrochemical industry.