# Adani and Indorama form JV to build India's largest PVC complex

India's Adani and Thailand's Indorama have formed a 50/50 joint venture, Valor Petrochemicals Ltd, to build India's largest PVC complex.

- Type: Partnership
- Announced: 2025-01-27
- Where: India
- Status: announced
- Products: PVC
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Indorama](https://endata.com/companies/4453.md) (partner)
- [Adani Group](https://endata.com/companies/15392.md) (partner)
- [Valor Petrochemicals Ltd](https://endata.com/companies/82558.md) (partner)

## Sources

- [commoplast.com](https://www.commoplast.com/news/details/16287/English/), 2025-01-27: "Each company will hold a 50% stake in the conglomerate."

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