Sanmar, one of the leading polyvinyl chloride (PVC) manufacturer in India, has formed a joint venture with French fim Kem One
to set up a manufacturing facility for chlorinated polyvinyl chloride
(CPVC) in Puducherry. With the JV, to be called Kem One
Chemplast, will meet the growing demand for CPVC, a widely used material in building and construction sector, in the country.
The new facility, for which approvals are in the process of being obtained, will come up at Karaikal, Puducherry. The project, which is being set up at an estimated cost of Rs 325 crores, will have technology from Kem One
and a capacity of 22,000 tonne per annum (TPA) of CPVC
resins. It will also manufacture CPVC
is mainly used as a raw material to produce pipes and fittings for supplying water which requires heat resistance, pressure resistance and high tolerance for water treatment.
In recent years, there is a switch from metal to CPVC
in pipes used in buildings in India, and in parallel, overall construction demand has also been witnessed. CPVC
can also be used for industrial applications which require a high level of chemical resistance and for sprinklers. The demand for CPVC
is expanding significantly and will continue to grow rapidly in India. The manufacturing joint venture company will thus provide the domestic answer to the Indian customers’ needs that is currently being met through imports.
The establishment of the manufacturing joint venture company mentioned above as Kem One Chemplast
will be subject to approval from the competent authorities.
is the second largest producer of PVC
in Europe. Mainly located in France, it has 1300 employees and an annual turnover of € 800 million. Its eight industrial sites manufacture a wide range of PVC
resins, caustic soda and chlorine derivatives. By starting CPVC
resins and compounds production in the 70’s in Europe Kem One
has a strong expertise in CPVC
industrial process. With this partnership with Chemplast
Sanmar, Kem One
is expanding its footprint in the fast growing Indian market.
Sanmar, the flagship company of the Sanmar
Group, is a major manufacturer of PVC
resins, caustic soda, chloromethanes, refrigerant gas and industrial salt. The addition of CPVC
(a special type of PVC
with added chlorine) would add to its already strong position in the Indian chemicals industry.