Manali Petrochemicals Limited — Updates, 01-04-2025: Press Release

PennWhite India Private Limited, a wholly owned subsidiary of PennWhite Limited in the UK, has disclosed plans to construct a state-of-the-art manufacturing plant in Chennai, India, aimed at producing foam control chemistry. This initiative supports customer demand within India and broader Asian markets. The facility will be situated in Oragadam, Tamil Nadu, and will follow the same quality standards and accreditations as its UK counterpart, ensuring consistent product quality.

This move is part of PennWhite's broader strategy to solidify its presence in the Indian market, which includes the establishment of its subsidiary in 2024 and a recent acquisition of a competitor’s defoamer business. The investment signifies a long-term commitment to local production and customer service, indicating a potential growth trajectory as it seeks to cater to the escalating demand for eco-friendly foam control solutions. Investors should view this as a promising opportunity for market expansion and enhanced service delivery within a dynamically growing industry.