The specific product they make(monomer) has multiple usages in producing the polymers(Tranpek makes monomer which is used by their client to make polymers). These polymers are very high end one with huge strength to weight advantage. There usages are into aircraft, bullet proof jackets, fire resistant materials etc…
Transpek is able to sell it’s entire production to their customer without any issue. For them sales is not an issue. The issue is on the capacity side, where they do not have any approved facility to cater to growth beyond FY23.
You may like to listen to their conference call. There are good enough details.
Q3 update from BP wealth.
Regards,
Raj
Disc: Invested