Tamilnadu Petroproducts to invest Rs 435 crore to expand production units

Chennai-based Tamilnadu Petroproducts (TPL), the petrochemicals arm of AM International Group, is expanding its production divisions at an investment of Rs 435 crore. These include capacity augmentation of Linear Alkyl Benzene (LAB) division, revamp of caustic soda facilities and setting up a Propylene recovery unit (PRU). TPL has its plant at Manali in Tamil Nadu that houses different divisions.

The LAB capacity would be increased from 1.2 lakh TPA to 1.45 lakh TPA at an estimated cost of Rs 240 crore. The project would be commissioned in about 24 months. The company will invest Rs 165 crore to modernise the caustic soda and chlorine unit by replacing the mono-polar membrane technology with a more advanced bipolar membrane technology.