RPG Group plans India's biggest carbon black plant

Image
BS Reporters Kolkata
Last Updated : Jan 20 2013 | 1:24 AM IST

RPG Group company Phillips Carbon Black Ltd (PCBL) plans to set up India’s largest carbon black facility in south India. It is in talks with the Andhra Pradesh and Tamil Nadu governments.

PCBL, the country’s largest carbon black producer, has four facilities in the country with a combined capacity of 360,000 tonnes. It also has a planned establishment in Vietnam.

“We are talking to both the state governments, and hopefully the land allotment will be finalised in the next 15 days. We will need about 40 acres and this could eventually be the biggest carbon black plant in India,” said PCBL Chairman Sanjiv Goenka.

Although Goenka was reluctant to divulge the details of the proposed plant, he said it would have a higher production capacity than its existing facilities. The company’s Durgapur plant produces about 140,000 tonnes per annum and the plant at Mundra is expected to contribute a similar volume.

Goenka stopped short of elaborating on the cost of the proposed plant saying that the company planned to spend an overall Rs 1,250 crore over the next three years.

Goenka said PCBL’s Vietnam venture is ready to take of . “We have got all the approvals to start this overseas project. The first phase would have a capacity of 50,000 tonnes at about Rs 350 crore. Since the demand is high, we are planning to expand it to one lakh tonnes in the second phase.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 28 2010 | 12:54 AM IST

Next Story