MRPL looking to increase market share in polypropylene market

摘要

Mangalore Refinery and Petrochemicals Ltd. (MRPL), which is planning to expand market for polypropylene, is targeting to sell around 0.44 million tonnes (mt) of polypropylene a year. The 28th annual report of MRPL for 2015-16 said that the company has successfully penetrated the polypropylene market in a short span of nine months with a sales volume of 0.139-mt and sales value of Rs. 1,039-crore. The company is in the process of expanding its market reach in order to sell 0.44-mt of polypropylene a year, it said. To leverage the highly profitable polypropylene and to position MRPL as a niche player, comprehensive pricing of various grades of polypropylene has been put in place along with customer enrolment activity, it said.