Bhansali Engineering Polymers Ltd (BEPL) in India plans to significantly increase the production capacity of its Acrylonitrile Butadiene Styrene (ABS) plant located in Abu Road, Rajasthan, northwestern India. According to the plan, by March 2026, the factory's production capacity will reach 200000 tons per year, which is almost three times the current annual production capacity of 70000 tons.
In a document submitted to the Mumbai Stock Exchange (BSE) on April 20th, BEPL revealed that the company has entrusted the expansion work to Japan's Toyo Engineering Company, and after in-depth research and evaluation, it has been determined that it can achieve a larger scale capacity increase than originally planned.
As early as January 2024, BEPL proposed a plan to expand its production capacity to 145000 tons per year. However, after detailed analysis by Toyo Engineering Company, they believe that the overall ABS production capacity can reach 200000 tons per year, which is a more ideal solution than previously suggested.
BEPL stated that the expansion project will be funded through the accumulated funds within the company. As for the specific cost of the expansion project, the company will determine it in June. This measure not only demonstrates BEPL's determination to expand production scale, but also lays a solid foundation for its future development in the ABS field.
