# Kem One and Chemplast Sanmar form PVC joint venture in India

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.

- Type: Acquisition
- Announced: 2017-03-02
- Where: Karaikal, Puducherry, India, India
- Value: $48.0M
- Status: announced
- Capacity: 22,000 t/y of CPVC resins
- Products: chlorinated PVC (CPVC) resins, CPVC compounds
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Kem One](https://endata.com/companies/8887.md) (partner)
- [Chemplast Sanmar](https://endata.com/companies/22584.md) (partner)

## Sources

- [chemanager-online.com](https://chemanager-online.com/en/news/kem-one-and-chemplast-sanmar-in-indian-pvc-jv), 2017-03-02: "Kem One, a former subsidiary of French chemicals group Arkema, is to form a polyvinyl chloride (PVC) joint venture with Chemplast Sanmar"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.