Supreme Petrochem clarifies partial Amdoshi Plant shutdown rumour
SPLPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and 0.4 pts more than its Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Supreme Petrochem clarified that rumours about a full shutdown of its Amdoshi Plant in Maharashtra are false. Only the newly set up equipment at the plant is under closure. The rest of the Amdoshi plant, which produces PS, EPS, GPPS, HIPS and XPS, remains fully operational with no hindrance.
Partial closure limited to new equipment; core PS/EPS/GPPS/HIPS/XPS production unaffected, likely limits negative stock impact.