Pasupati Acrylon

What Pasupati Acrylon does

Pasupati Acrylon Limited is a BSE-listed Indian manufacturer (ticker PALCM) operating three integrated divisions from a single Thakurdwara, Moradabad (Uttar Pradesh) complex covering roughly 90 acres. The company's core business is the production of Acrylic Fiber at 45,000 MT/Annum capacity, including 12,000 MT/Annum of specialty Gel Dyed acrylic fiber — a product category in which Pasupati is the sole Indian producer. Process technology traces to a technical collaboration with SNIA BPD Italy (FIAT Group) for the original acrylic fiber line.

The company has diversified downstream into CPP (Cast Polypropylene) Films at 10,000 MT/Annum, supplying flexible-packaging converters, and in 2025 commissioned a 150 KLD Ethanol & DDGS division, entering India's fuel-blending and animal-feed markets. Operations hold ISO 9001:2015, OEKO-TEX, and BRC Global Standard certifications, supporting sales to textile mills, packaging buyers, and oil marketing companies; management also references export reach across Asia, Europe, the Middle East, Africa, and Latin America.

Revenue is generated through B2B sale of industrial fiber, packaging film, ethanol, and DDGS, with a notable absence of disclosed pricing, volume, or customer-mix data. Capital structure has been reshaped by a September 2025 Scheme of Amalgamation consolidating promoter-group entities, and the Board has seen multiple changes during 2024-2025, including Vineet Jain's elevation to Managing Director.

Name

Pasupati Acrylon

Legal name

Pasupati Acrylon Limited

Website

https://pasupatiacrylon.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Pasupati Acrylon is an Indian BSE-listed manufacturer producing 45,000 MT/yr of acrylic fiber (including specialty gel-dyed fiber), 10,000 MT/yr of CPP film, and ethanol plus DDGS, serving textile mills, packaging converters, and fuel-feed markets from its Thakurdwara facility.

Ownership category

akta.pro rank

Product category

Acrylic Fiber and Polymer Films Manufacturing

NAICS

Artificial and Synthetic Fibers and Filaments Manufacturing (325220), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Acrylics & Methacrylates (PMMA, Acrylic Resins) (IMAEANAG)

Keywords

• Acrylic fiber manufacturing
• Cast polypropylene films
• Flexible packaging films
• Grain-based ethanol production
• Textile fiber production

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Acrylic Fiber/Tow/Tops Sales: Manufacturing and sale of acrylic fiber, tow, and tops under the brand name 'ACRYLON'. Products are supplied in grey as well as dyed (Gel dyed) form with a capacity of 45,000 MT/Annum.
2. CPP Films Sales: Production and sale of Cast Polypropylene Films including Natural CPP, White Opaque CPP, and Metalized CPP with installed capacity of 10,000 MT/Annum.
3. Ethanol and DDGS Sales: Production and sale of ethanol (150 KLD capacity) for fuel blending and Dried Distillers Grains with Solubles (DDGS) for livestock feed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Pasupati Acrylon manufactures and sells acrylic fiber, tow, and tops under the ACRYLON brand (45,000 MT/Annum capacity) for textile manufacturers, Cast Polypropylene (CPP) films — Natural, White Opaque, and Metalized (10,000 MT/Annum) — for flexible packaging converters, and grain-based ethanol (150 KLD) with DDGS and CO2 co-products for fuel blending and livestock feed markets. Operations began in 1990 using technology licensed from SNIA BPD Italy (FIAT Group), with products supplied in grey and Gel Dyed forms across Asia, Europe, the Middle East, Africa, and Latin America.

Product overview

Pasupati Acrylon operates three main business divisions: Acrylic Division (manufacturing acrylic fiber, tow, and tops with 45,000 MT/annum capacity), CPP Films Division (producing Natural CPP, White CPP, and Metalized CPP films with 10,000 MT/annum capacity), and Ethanol & DDGS Division (producing 150 KLD grain-based ethanol and Dried Distillers Grains with Solubles for livestock feed). The company started commercial operations in 1990 with technical collaboration from SNIA BPD Italy.

Differentiator

Problem solved

Functional benefit

Brands

• ACRYLON: Brand name under which Pasupati Acrylon supplies its acrylic fiber, produced through continuous solution polymerisation and direct spinning of dope by wet spinning process.

Products and services

• Acrylic Fiber Acrylic staple fiber supplied under the ACRYLON brand at 0.9D to 15D denier, in 38mm, 44mm, 51mm, 64mm, and 76mm cut lengths, in Bright, Semi-Dull, and Super Bright luster, and in non-shrinkable / blend of non-shrinkable and high-shrinkable variants. Used by textile and garment manufacturers for hosiery (sweaters, cardigans), shawls, blankets, apparel, carpets, and upholstery.
• Acrylic Tow Acrylic tow produced using SNIA BPD technology with weight per meter (Kilo-Tex) of 110-130, available in grey as well as dyed form. Designed for stretch-breaking Tow-to-Top converter machines with minimum waste generation and highest productivity. Used for producing dyed-on-cone high bulk and non-bulk acrylic yarns.
• Acrylic Tops Acrylic tops available in 2.0 and 3.0 denier, in Bright, Semi-Dull, and Dyed variants, and in Non-Shrinkable, High Shrinkable, and High Bulk types (100% NS, 100% HS, HB 50% NS and 50% HS). Easy to blend with Nylon, Wool, and Polyester for hosiery and textile yarn manufacturing.
• Gel Dyed Acrylic Fiber Continuous dyed acrylic fiber produced using an indigenous Gel dyeing process with 12,000 MT/Annum capacity — Pasupati Acrylon is the only producer of superior-quality Gel Dyed fibers in India. Offers excellent brightness, supreme fastness, and an environmentally friendly production process, with computerized colour matching via NOSELAB and robotic dye kitchen from CIR Italy.
• Natural CPP (Cast Polypropylene Film) Transparent ultra-clear cast polypropylene film offering excellent performance with great appearance and easy conversion for flexible packaging applications. Used as a lamination-grade film for food, hygiene, and general packaging. Thickness range 15 micron to 80 micron (up to 150 micron).
• White CPP (White Opaque CPP Film) White opaque CPP film formulated to deliver excellent opacity, strength, and stiffness along with outstanding heat sealing. Used as a lamination substrate for food packaging, baby diaper packs, dry food packs (biscuits), and detergent packaging. Produced on a 3-layer Reifenhauser CSC (Germany) cast line.
• Metalized CPP CPP film with one layer of aluminum deposited on the polymer surface for improved barrier properties against water and oxygen transmission. Provides metallic glossy appearance resembling aluminum foil with extended shelf life. Produced using BOBST Manchester (UK) vacuum metallizer and slitting via Atlas-Titan (UK) on a 5-layer Colines SPA (Italy) cast line.
• Ethanol Premium-grade grain-based ethanol produced at a 150 KLD (Kilo Litres per Day) capacity plant in Thakurdwara, Moradabad. Supports the Government of India's target of achieving 20% ethanol blending in petrol by March 2025. Produced with an integrated CO2 capture plant.
• DDGS (Dried Distillers Grains with Solubles) High-value co-product of ethanol production containing over 45% protein, rich in fibre, oil, and essential amino acids. Nutrient-rich sustainable feed ingredient for livestock including cattle, poultry, and aquaculture.

Quantifiable outcome

• Manufacturing capacity of 45,000 MT/Annum of Acrylic fiber with growth from original 15,000 MTPA through innovative modifications
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core.

• SNIA BPD Italy (FIAT Group)coreTechnology or Integration · 1 January 1990Technical collaboration with SNIA BPD of Italy (part of the famed FIAT group) for acrylic fiber manufacturing technology. This is the foundational technology partnership that enabled establishment of the plant in 1990 with world-class acrylic fiber manufacturing capability.
• REIFENHAUSER CSC, GermanycoreTechnology or Integration3 Layer CPP Film Cast Line equipment supplier with 400 MT capacity, providing state-of-the-art CPP film manufacturing technology.
• Colines SPA, ItalycoreTechnology or Integration5 Layers CPP Film Cast Line equipment supplier with 400 MT capacity, enabling advanced multi-layer CPP film production.
• BOBST Manchester Ltd, UKcoreTechnology or IntegrationVacuum Metallizer supplier for CPP Films division, providing metallizing technology for barrier property enhancement.
• CIR ITALYcoreTechnology or IntegrationRobotic Dye Kitchen technology supplier supporting the Gel Dyeing process with automated color matching capabilities.
• NOSELABcoreTechnology or IntegrationComputerized Colour Matching System (CCM) supplier for quality control in Gel Dyeing operations.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Emerging players

• Triveni Engineering & Industries Limited: Triveni is a leading Indian sugar and ethanol manufacturer with grain-based distillery operations and DDGS co-product sales, comparable to Pasupati's newly commissioned Ethanol & DDGS Division on feedstock economics and OMC offtake.

Direct peers

• Jindal Poly Films Limited: Jindal Poly Films is one of India's largest producers of BOPP and CPP packaging films with comparable downstream flexible packaging end-markets, directly competing with Pasupati's CPP Films Division in food, hygiene, and industrial packaging.
• Uflex Limited: Uflex is India's largest flexible packaging company producing BOPET, BOPP, and CPP films along with laminates, directly competing with Pasupati's CPP Films Division in flexible packaging converters and FMCG supply chains.
• Polyplex Corporation Limited: Polyplex is a major global manufacturer of thin polyester (BOPET) and CPP films with significant India operations, comparable to Pasupati in CPP film capacity and packaging converter customer base.
• Indian Acrylics Limited: Indian Acrylics Limited is one of India's largest acrylic fiber manufacturers with comparable production capacity serving textile, hosiery, and carpet end-markets, directly competing with Pasupati's Acrylic Division on denier range and customer base.
• Cosmo Films Limited: Cosmo Films is a leading Indian manufacturer of BOPP and CPP films for flexible packaging applications, directly competing with Pasupati's CPP Films Division across natural, white opaque, and metalized film segments serving FMCG and food packaging converters.

Broad incumbents

• Aksa Akrilik Kimya Sanayii A.Ş. Aksa is the world's largest producer of acrylic fiber with global manufacturing footprint, providing a clear global benchmark for Pasupati's acrylic fiber division on cost, scale, and product range.
• Aditya Birla Group (Grasim Industries): Grasim Industries (Aditya Birla Group) operates India's largest viscose staple fiber business and has historic exposure to synthetic fiber manufacturing, overlapping Pasupati's acrylic fiber customer base with a much broader chemicals and textiles portfolio.
• Reliance Industries Limited: Reliance is India's largest polyester (PFY/PSF) and petrochemical producer; while not a direct acrylic fiber competitor, its polyester staple fiber business targets similar textile customers and operates a vastly broader chemicals and packaging portfolio.

Others

• Praj Industries Limited: Praj Industries is the leading Indian supplier of ethanol plant technology and EPC services with deep relationships across India's ethanol blending program, an adjacent ecosystem participant relevant to Pasupati's newly commissioned grain-based ethanol plant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pasupati-acrylon-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pasupati Acrylon