AM International Holdings, the Singapore-based parent company of SPIC, Tamilnadu Petroproducts, and Manali Petroproducts, has announced a Rs 2,000 crore investment plan for its operations in India over the next two years.

The primary focus will be on expanding its fertilizer and petrochemical businesses. Founder and Chairman Ashwin Muthiah shared that the bulk of the investments will go into brownfield projects in Thoothukudi, Manali, Chennai, and Western India, supporting the growth of Manali Petrochemicals (MPL). Chairman Muthiah also highlighted that the Tuticorin Alkali Chemicals and Fertilizers plant will expand its soda ash production from 75,000 tonne to 2,00,000 tonne by November 2026. This expansion aims to strengthen the fertilizer, detergent, and industrial sectors.

Tamilnadu Petroproducts will see capacity enhancements in petrochemicals, including propylene glycol and linear alkyl benzene, to meet growing demand from the home care, personal care, and industrial sectors. “This will significantly boost our production capabilities,” Muthiah said.