Spunweb Nonwoven Limited, a Gujarat-based manufacturer engaged in nonwoven textile products, has announced a significant business update through a filing with the National Stock Exchange of India (NSE) on August 29, 2025. The company disclosed that it has placed a major order worth USD 1,087,575 (approximately ₹95.7 Crore) with ExxonMobil Chemical Asia Pacific for the procurement of Polypropylene (PP) Granules.

This purchase is considered a routine business requirement for the company, which relies heavily on raw materials like PP granules for its nonwoven production processes. The transaction falls under the normal course of business and is not classified as a related party transaction.

Order Details

The disclosure specified that the order was confirmed through a series of eight purchase contracts, all dated August 29, 2025. The breakdown of the contracts is as follows:

1. Purchase of PP Granules – USD 156,060 (₹1,37,33,280)

2. Purchase of PP Granules – USD 156,060 (₹1,37,33,280)

3. Purchase of PP Granules – USD 156,060 (₹1,37,33,280)

4. Purchase of PP Granules – USD 156,060 (₹1,37,33,280)

5. Purchase of PP Granules – USD 156,060 (₹1,37,33,280)

6. Purchase of PP Granules – USD 156,060 (₹1,37,33,280)

7. Purchase of PP Granules – USD 104,040 (₹91,55,520)

8. Purchase of PP Granules – USD 47,175 (₹41,51,400)

The cumulative total of these orders comes to USD 1,087,575 (approximately ₹9,57,06,600).

Strategic Importance

For Spunweb Nonwoven Limited, securing such a large volume of polypropylene granules is crucial for meeting its growing production requirements. PP granules are the primary raw material in the manufacture of nonwoven fabrics, which are widely used in medical textiles, hygiene products, packaging, automotive, and industrial applications.

By partnering with a global supplier like ExxonMobil Chemical Asia Pacific, the company ensures access to high-quality raw materials on a consistent basis. This strengthens its supply chain and enhances operational efficiency.

Market Impact

While the order itself falls under the normal course of business, it highlights the scale of raw material procurement that Spunweb Nonwoven is currently managing. This is an indicator of its growing demand base and production capacity expansion.

The transaction also reflects the company’s ability to operate efficiently in both domestic and international markets, as it sources critical raw materials globally while catering to customers across multiple geographies.

Regulatory Disclosure

The company made this announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring that shareholders and market participants are informed about key developments.

Key highlights from the SEBI-mandated disclosure include:

• Entity receiving the order: ExxonMobil Chemical Asia Pacific.

• Nature of contract: Purchase of PP Granules.

• Market catered to: International.

• Consideration size: USD 1,087,575 (₹9.57 Crore approx.).

• Promoter interest: None.

• Related party transaction: Not applicable.

Conclusion

The ₹95.7 Crore order placed with ExxonMobil underscores Spunweb Nonwoven Limited’s focus on securing raw materials for uninterrupted manufacturing operations. While it is not an extraordinary event in terms of strategy, it signals the company’s steady growth trajectory and its reliance on high-volume procurement to meet production demands.

Investors and industry observers will view this as a sign of operational robustness, as Spunweb Nonwoven continues to strengthen its presence in the nonwoven textile segment, supported by reliable global suppliers.

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