MOSCOW (MRC) -- DCM Shriram has notified the Bombay Stock Exchange that it expects to complete a chlor-alkali capacity expansion at its facilities in Bharuch and Kota, India, by September or October of this year, as per Apic-online.
At Bharuch, chlor-alkali capacity is being increased by 499 t/d to a total of 949 t/d. DCM Shriram already commissioned 420 t/d of the new chlor-alkali capacity on 14 June 2016.
Chlor-alkali capacity at Kota is being raised by 6 t/d to a total of 336 t/d. The company is also expanding the power plant at both locations. Total investment for the projects is Rs 607.20 crore.
"The brownfield expansion and technology upgradation will strengthen our competitiveness and industry position," the company noted.
According to DCM Shriram, it is the third largest chlor-alkali producer in India.
We remind that, as MRC informed previously, Shanghai Chlor-Alkali Chemical Co. Ltd., a Chinese maker of chlorinated PVC and another large chlor-alkali producer in Asia, set up a second plant in Shanghai in 2013. The company's first plant there, launched in the fourth quarter of 2012, has annual CPVC capacity of 22 million pounds. That plant became operational in the last quarter of 2012. The second facility has total capacity of 176 million pounds of CPVC, implemented in two phases. The plant had become operational by the first quarter of 2015.
MRC