MOSCOW (MRC) -- Chemplast, is in plans, to undertake a planned shutdown at its polyvinyl chloride (PVC) plant, in Cuddalore, Tamil Nadu, as per Apic-online.
A Polymerupdate source in India, informed that, the company is likely to start a maintenance turnaround at the plant, by mid-September, 2019. The plant is expected to remain off-line, for about 15 days.
Located at Cuddalore, Tamil Nadu, India, the plant has a production capacity of 300,000 mt/year.
As MRC wrote before, in May 2017, Kem One and Chemplast Sanmar signed an agreement to establish Kem One Chemplast, a 50:50 joint venture to manufacture chlorinated polyvinyl chloride (CPVC) in India. The new facility will come up at a coastal location at Karaikal, Puducherry, India. The project which is being set up at an estimated cost of Rs. 325 crores (about 48 MUSD) will have technology from Kem One and a capacity of 22,000 TPA of CPVC resins. It will also manufacture CPVC compounds.
According to MRC's ScanPlast report, demand in the Russian unmixed PVC market increased only in the emulsion segment in January-July 2019, the market of suspension polyvinyl chloride (SPVC) decreased by 7%. Only producers of plastic compounds and plasticized films showed the growth in demand for the suspension. Scheduled maintenance works simultaneously at two Russian plants did not result in an acute shortage of SPVC in the market. Higher imports helped to avoid shortages.
Chemplast Sanmar Limited is a chemical company based in Chennai, Tamil Nadu. It is part of Sanmar Group which has businesses in Chemicals, Shipping, Engineering and Metals. It has a turnover of over Rs.65 billion and a presence in some 25 businesses, with manufacturing units spread over numerous locations in India.Chemplast Sanmar's manufacturing facilities are located at Mettur, Panruti, Cuddalore and Ponneri in Tamil Nadu, Shinoli in Maharashtra, and Karaikal in the Union Territory of Puducherry. It is a major manufacturer of PVC resins, chlorochemicals and piping systems. The Cuddalore PVC project commissioned in September 2009 is the largest such project to come up in Tamil Nadu. It's aggregate capacity of 235,000 tons makes it one of the largest PVC players in India.