Support and Resistance Levels
Past performance
About Manali Petrochemicals Ltd Manali Petrochemicals Ltd, established in 1986 and promoted by Southern Petrochemicals Industries Corporation Limited (SPICL), is a key player in the Indian chemicals sector, specializing in import-substitute chemicals such as Propylene Oxide, Propylene Glycol, and Polyether Polyol. It is notable for being the sole domestic producer of Propylene Glycol and the first and largest Indian manufacturer of Propylene Oxide. These chemicals are vital in producing polyurethane foams and are utilized across various industries, including automotive, pharmaceuticals, and cosmetics.
The company has expanded its production capacity and developed eco-friendly Glycol Ethers. With strategic collaborations with international firms like Ato Chem and Arco, and investments in new facilities and technologies, Manali Petrochemicals has strengthened its market position. The merger with Spic Organics Limited and acquisition of UB Petroproducts have further consolidated its market standing. Accredited with ISO 9001:1994, the company continues to innovate, evidenced by the commissioning of a new Polyol Plant and operational bulk storage at Ennore Port.