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Kem One and Chemplast Sanmar will form a 50/50 joint venture called Kem One Chemplast to build a new chlorinated PVC plant in Karaikal, India. The plant will cost $48 million and produce 22,000 t/y of CPVC resins and compounds.
“Kem One, a former subsidiary of French chemicals group Arkema, is to form a polyvinyl chloride (PVC) joint venture with Chemplast Sanmar”chemanager-online.com
Summarized from public sources; check the original articles before acting on it.