Chemplast Sanmar

Chemplast Sanmar has announced a Rs 650 crore capex plan to expand specialty chemicals capacity at its facilities in Tamil Nadu, including a new 35,000 tonne per year specialty PVC line at Cuddalore.

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.