Chemplast Sanmar Expands Paste PVC Production

Chemplast Sanmar is on track to inaugurate its Paste PVC expansion initiative by the fourth quarter of the current financial year (FY), with an anticipated commercial production kickoff in Q4/FY24. The 41-ktpa project marks a significant stride forward for the company.

Furthermore, the Phase-II expansion project for custom-manufactured chemicals is poised to conclude in Q1/FY25, enhancing the company's operational capacity. Concurrently, an optimistic outlook is projected for its other chemicals business, with anticipated improvements over the next three to four quarters as market absorption of supply strengthens.

This collective progress underscores Chemplast Sanmar's solidification as a leading Paste PVC producer in the nation. Firm in its belief in the long-term viability of its various ventures, the company is actively fortifying its capabilities to pave the way for sustainable growth.

News by Rahul Yelligetti