DCM Shriram Ltd, a diversified group of companies active in chemicals, textiles, alcohol and sugar, has decided to invest Rs 534 crores to expand chlor alkali capacity and captive power plant at its Bharuch manufacturing site in Gujarat.
DCM Shriram has informed BSE that the Board of Directors of the company at its special meeting held on October 04, 2014, have approved expansion plans at company’s unit at Shriram Alkali & Chemicals, Bharuch at an estimated cost of Rs 534 crore.
While DCM Shriram will increase chlor alkali capacity form 450 tonnes per day (TPD) to 915 TPD, it will expand captive power plant from 55 MW to 110 MW.
Chlorine and caustic soda, the two main products of a chlor alkali plant, are basic building blocks for thousands of useful substances and products. One of the major usage of chlorine is in the manufacturing engineering materials – polymers, resins and elastomers. The largest single end use is PVC plastic for primarily the construction, automotive, electronics and electrical industries.
Caustic soda, also known as sodium hydroxide, is used in various industries (eg metallurgy, aluminium, glass, soap, detergents and textiles).