MUMBAI (ICIS)--India’s Bhansali Engineering Polymers Ltd (BEPL) plans to nearly triple its acrylonitrile butadiene styrene (ABS) capacity at Abu Road in the northwestern Rajasthan state to 200,000 tonnes/year by March 2026.
The plant’s current capacity is 70,000 tonnes/year.
The company has determined that a bigger expansion than initially planned is possible after awarding work on the expansion to Japan’s Toyo Engineering, it said in a filing to the Bombay Stock Exchange (BSE) on 20 April.
In January 2024, BSEL had proposed a capacity expansion to 145,000 tonnes/year.
“After [a] detailed analysis [by Toyo Engineering] it was concluded that overall ABS capacity of 200,000 tonnes/year can be achieved and will be a better option compared to the earlier proposal,” BEPL said.
The expansion project will be funded through internal accruals, it said, adding that cost of the expansion project will be finalised by June.