Sanmar Group

JV between Cabot Corporation and Sanmar Group to expand Mettur facility, boosting domestic supply of fumed silica for pharmaceuticals, coatings and specialty chemicals sectors

Under the long-term supply arrangements, TA'ZIZ will provide The Sanmar Group with over 350,000 tonnes per annum of petrochemical feedstocks

Says Sankar worked tirelessly for over five decades in ensuring trust in business and leading by example in setting high standards for ethical business

He had held office in several public trade and industry bodies, Assocham, Indo-US Joint Business Council, Madras Chamber of Commerce and Industry, among others

Despite the pandemic disruptions, based on provisional IFRS estimates, for the year ended December 31, 2020, Sanmar chemicals' revenue was flat at around $700 million

Chemplast is Sanmar's flagship company and one of the major players in the chemicals business for over 50 years

The group has lined up investments of over Rs 2,500 cr to ramp up capacity to manufacture PVC