# Coromandel Chemicals and Sakarni Plaster form joint venture for green building materials

Coromandel Chemicals Limited, a subsidiary of Coromandel International, has signed agreements to form a joint venture with Sakarni Plaster to manufacture and sell Phospho Gypsum-based Green Building Materials. A facility will be established in Visakhapatnam.

- Type: Acquisition
- Announced: 2025-05-13
- Where: Visakhapatnam, India
- Status: announced
- Products: Phospho Gypsum-based green building materials, gypsum plaster
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Coromandel Chemicals](https://endata.com/companies/84724.md) (partner)
- [Sakarni Plaster](https://endata.com/companies/84725.md) (partner)

## Sources

- [coromandel.biz](https://www.coromandel.biz/press-release/coromandel-chemicals-enters-joint-venture-with-sakarni-plaster-for-phospho-gypsum-based-green-building-materials/), 2025-05-13: "Coromandel Chemicals Limited, a wholly-owned subsidiary of Coromandel International Limited, has signed definitive agreements to form a joint venture with Sakarni Plaster for the manufacture and sale of Phospho Gypsum-based Green Building Materials."

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