Bhansali Engineering Polymers to Expand ABS Capacity

Bhansali Engineering Polymers Limited is making a smart move to increase its production capacity and strengthen its position in the polymers market to meet the growing demand. Check more about their plan to expand their ABS (Acrylonitrile Butadiene Styrene) capacity and see how it can create new opportunities for the market.

Overview of the ABS Expansion Project

Bhansali Engineering Polymers Limited has announced plans to expand its ABS production capacity from 75,000 TPA to 200,000 TPA (Tons Per Annum). This decision was made during a recent Board meeting of Bhansali Engineering Polymers Limited. The expansion will take place at the company’s existing manufacturing facilities located in Abu Road, Rajasthan, and Satnoor, Madhya Pradesh. For the Front End Engineering Design (FEED) and Capex estimation, Bhansali Engineer has appointed Toyo Engineering India Private Limited (TOYO) as the engineering consultant.

Principle Reason Behind the ABS Expansion

In recent times ABS has seen huge demand through the growing sports industry, and the automotive industry. The main reason behind the expansion is the need to capitalize on this emerging market opportunity. From a detailed analysis of project fundamentals, it was determined that increasing the ABS capacity to 200,000 TPA aligns with the company’s long-term objectives and market dynamics.

ABS Project Implementation and Funding

The expansion project is expected to be implemented by March 2026. It will be financed through internal accruals approaching funding underscoring the company’s financial stability and confidence in the success of the project. Moreover, the implementation timeline reflects Bhansali Engineering Polymers’ commitment to efficient project execution and timely delivery.

Implications for Market Dynamics

Bhansali Engineering Polymers’ decision to expand its ABS capacity is likely to have a big impact on the market movement. This will help the company become stronger in industries like cars, electronics, sports, etc, making it better than its competitors.

OFB’s Insight of ABS Expansion Project

Bhansali Engineering Polymers is making a smart move by increasing its ABS production. This helps them take advantage of market opportunities and grow steadily. With this, they can also explore additional revenue streams and optimize shareholder value through future goals.

Get latest polymers news, market updates, and price trends on OfBusiness