MOSCOW (MRC) -- The board of Thirumalai Chemicals Ltd (TCL), at its meeting on the 2nd November 2021, approved the investment in a project to manufacture phthalic anhydride (PA) and fine-chemicals at its site in Dahej in Gujarat, India, according to Hydrocarbonprocessing.
The investment will be funded by TCL’s internal accruals and borrowings.
The project includes a 90,000 ton per year PA plant. It is scheduled for commissioning in H2 FY23-24. TCL already operates a PA plant at this site, commissioned about 6 mos ago. The project will use in-house technology.
TCL manufactures about 150,000 tons o fPA, food ingredients and fine chemicals at its existing sites in Ranipet and Dahej combined. TCL also manufactures about 50,000 metric t of maleic anhydride & derivatives from butane at its wholly-owned subsidiary in Malaysia.
TCL is currently implementing a large integrated butane to maleic anhydride and food ingredients (malic, fumaric acids & other derivatives) production facility, through a 100% owned step-down subsidiary in the United States. This facility is expected to be started-up in H2 FY23-24. TCL already produces these products in India and Malaysia since 1991.
As MRC reported earlier, in August 2021, Thirumalai Chemicals Limited announced its plan to execute a project to manufacture 180,000 tons per year of Phthalic Anhydride (PA) and 30,000 tons per year of Fine & Specialty Chemicals, at its existing site at Dahej, Gujarat, and Western India. The project is expected to be executed in two successive phases. Thirumalai expects to bring the first of these two phases on-stream in about 2 years after receipt of all needed approvals. Thirumalai Chemicals further said that the commissioning of the company’s first PA plant at Dahej, was delayed by the recent pandemic wave in Gujarat.
Phthalic anhydride is used widely to make colorants, resins for construction, infrastructure & housing, additives for polymers, including polyvinyl chloride (PVC), and inks.
According to MRC's ScanPlast report, Russia's overall production of unmixed PVC totalled 746,700 tonnes in the nine months of 2021, up by 4% year on year. All producers increased their output.
Thirumalai Chemicals Limited has been a leading producer of phthalic anhydride and derivatives over 45 years; its range of products includes Maleic Anhydride (produced by its subsidiary), food ingredients and fine chemicals. It presently has two manufacturing facilities - in South and West India; its subsidiary in Malaysia operates butane maleic anhydride & derivatives plants. All of these based on TCL’s in-house process technologies and engineering capabilities. The company sells its products primarily in India, South East Asia, Middle East and Europe, with some quantities in North America.