Supreme Petrochem Ltd., established in 1989, is a leading company in the Styrenics industry, primarily producing Polystyrene (PS), Expandable Polystyrene (EPS), and related compounds. Operating from manufacturing facilities in Maharashtra and Tamil Nadu, the company boasts a significant market share of 55% in the high-quality polystyrene segment, utilizing the Huntsman process. Over the years, Supreme Petrochem has expanded its production capacity substantially, with major projects increasing their polystyrene capacity to 272,000 TPA and EPS to 27,700 TPA.
Despite past challenges due to market oversupply and low demand, recent improvements in the global economy and petrochemical prices have boosted the company's profitability. Supreme Petrochem is recognized for its quality and environmental standards, holding certifications like ISO 9002 and ISO 14001. Recent expansions, including PS and EPS facilities and capital projects, have seen an investment of Rs 206 crores in 2022-23, underscoring the company's commitment to growth and innovation in the polymer industry.
