# Ideal Chemi Plast starts construction of coating resins plant in Maharashtra, India

DIC Corporation's subsidiary Ideal Chemi Plast commenced construction of a new coating resins production facility in Supa industrial area, Maharashtra, India. The greenfield project will triple production capacity and is expected to begin operating in July 2023.

- Type: New facility
- Announced: 2022-05-17
- Where: Supa industrial area, Ahmednagar district, Maharashtra, India, India
- Starts operating: Jul 2023
- Status: under construction
- Capacity: triple existing coating resins production capacity
- Products: coating resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DIC Corporation](https://endata.com/companies/19672.md)
- [Ideal Chemi Plast](https://endata.com/companies/39552.md)
- [DIC Corporation](https://endata.com/companies/19672.md) (investor)
- [DIC Corporation](https://endata.com/companies/19672.md) (partner)

## Sources

- [dic-global.com](https://www.dic-global.com/en/news/2022/products/20220516144036.html), 2022-05-17: "DIC Corporation announced today that its wholly owned subsidiary Ideal Chemi Plast Private Limited, based in the state of Maharashtra, India, has commenced construction of a new coating resins production facility in the state’s Supa industrial area."
- [oceanchemgroup.com](https://www.oceanchemgroup.com/news/expand-paint-resin-market-dee-sons-new-paint-57626246.html), 2022-05-29: "Ideal Chemi Plast, a wholly-owned subsidiary of DIC, has started construction of a new paint and resin production facility in the Suba Industrial zone in The Ahmednagar district of Maharashtra, India."
- [oceanchemgroup.com](https://www.oceanchemgroup.com/news/dic-builds-new-paint-and-resin-plant-in-india-57694604.html), 2022-06-01: "The project is scheduled to be completed and put into operation in July 2023."

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