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Chemplast Sanmar forms JV with France-based Kem One for chlorinated PVC

JV will invest Rs 325 crore to set up a chlorinated polyvinyl chloride (CPVC) plant in Puducherry

Rakesh Rao  |  Mumbai 

Chemplast Sanmar facility
Chemplast Sanmar facility

Chennai-based Sanmar, one of the leading polyvinyl chloride (PVC) manufacturer in India, has formed a joint venture with French fim to set up a manufacturing facility for (CPVC) in Puducherry. With the JV, to be called 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 and a capacity of 22,000 tonne per annum (TPA) of resins.  It will also manufacture compounds.

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 in pipes used in buildings in India, and in parallel, overall construction demand has also been witnessed. can also be used for industrial applications which require a high level of chemical resistance and for sprinklers. The demand for 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 will be subject to approval from the competent authorities.

is the second largest producer of 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 resins, caustic soda and chlorine derivatives. By starting resins and compounds production in the 70’s in Europe has a strong expertise in industrial process. With this partnership with Sanmar, is expanding its footprint in the fast growing Indian market.

Sanmar, the flagship company of the Group, is a major manufacturer of resins, caustic soda, chloromethanes, refrigerant gas and industrial salt. The addition of (a special type of with added chlorine) would add to its already strong position in the Indian chemicals industry.

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Chemplast Sanmar forms JV with France-based Kem One for chlorinated PVC

JV will invest Rs 325 crore to set up a chlorinated polyvinyl chloride (CPVC) plant in Puducherry

JV will invest Rs 325 crore to set up a chlorinated polyvinyl chloride (CPVC) plant in Puducherry
Chennai-based Sanmar, one of the leading polyvinyl chloride (PVC) manufacturer in India, has formed a joint venture with French fim to set up a manufacturing facility for (CPVC) in Puducherry. With the JV, to be called 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 and a capacity of 22,000 tonne per annum (TPA) of resins.  It will also manufacture compounds.

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 in pipes used in buildings in India, and in parallel, overall construction demand has also been witnessed. can also be used for industrial applications which require a high level of chemical resistance and for sprinklers. The demand for 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 will be subject to approval from the competent authorities.

is the second largest producer of 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 resins, caustic soda and chlorine derivatives. By starting resins and compounds production in the 70’s in Europe has a strong expertise in industrial process. With this partnership with Sanmar, is expanding its footprint in the fast growing Indian market.

Sanmar, the flagship company of the Group, is a major manufacturer of resins, caustic soda, chloromethanes, refrigerant gas and industrial salt. The addition of (a special type of with added chlorine) would add to its already strong position in the Indian chemicals industry.
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Business Standard
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Chemplast Sanmar forms JV with France-based Kem One for chlorinated PVC

JV will invest Rs 325 crore to set up a chlorinated polyvinyl chloride (CPVC) plant in Puducherry

Chennai-based Sanmar, one of the leading polyvinyl chloride (PVC) manufacturer in India, has formed a joint venture with French fim to set up a manufacturing facility for (CPVC) in Puducherry. With the JV, to be called 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 and a capacity of 22,000 tonne per annum (TPA) of resins.  It will also manufacture compounds.

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 in pipes used in buildings in India, and in parallel, overall construction demand has also been witnessed. can also be used for industrial applications which require a high level of chemical resistance and for sprinklers. The demand for 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 will be subject to approval from the competent authorities.

is the second largest producer of 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 resins, caustic soda and chlorine derivatives. By starting resins and compounds production in the 70’s in Europe has a strong expertise in industrial process. With this partnership with Sanmar, is expanding its footprint in the fast growing Indian market.

Sanmar, the flagship company of the Group, is a major manufacturer of resins, caustic soda, chloromethanes, refrigerant gas and industrial salt. The addition of (a special type of with added chlorine) would add to its already strong position in the Indian chemicals industry.

image
Business Standard
177 22