Supreme Petrochem Ltd has announced a temporary shutdown of operations at its newly commissioned mABS plant in Amdoshi, Nagothane, Maharashtra. The closure was necessitated due to malfunctioning of critical production equipment. The company is working on restoration measures to resume operations at the earliest, ensuring minimal disruption to supply.
Supreme Petrochem Ltd, a leading player in the petrochemicals sector, has informed exchanges about the temporary suspension of operations at its Amdoshi plant in Nagothane, Maharashtra. The shutdown was triggered by a technical malfunction in key production equipment at the recently established mABS (modified Acrylonitrile Butadiene Styrene) facility.
The company emphasized that corrective measures are being undertaken to restore operations swiftly. While the temporary halt may impact short-term production schedules, Supreme Petrochem assured stakeholders that contingency plans are in place to mitigate supply chain disruptions. The announcement was made under SEBI’s Regulation 30 disclosure norms, reflecting transparency in operational updates.
Key Highlights
-
Temporary shutdown of Amdoshi mABS plant due to equipment malfunction
-
Plant located in Nagothane, Maharashtra
-
Company working on restoration measures to resume operations quickly
-
Disclosure made under SEBI Regulation 30 compliance norms
-
Short-term production schedules may be affected, but contingency plans are in place
-
Commitment to minimize supply chain disruption and maintain customer confidence
Sources: BSE India, Rediff Money, The Economic Times