Grasim Industries and Lubrizol Corporation have announced plans to set up a 100,000 tonne CPVC resin facility in Gujarat. The facility is expected to be commissioned in 2024 and will be located at Dahej Special Economic Zone (SEZ) in Gujarat.

CPVC resin is a versatile material that is used in a variety of applications, including pipes, fittings, valves, and other components for the plumbing, water treatment, and construction industries. The demand for CPVC resin is expected to grow in the coming years due to its superior properties, such as its resistance to corrosion and high temperatures.

The joint venture between Grasim and Lubrizol will be the first to produce CPVC resin in India. The facility will be equipped with state-of-the-art technology and will be able to produce high-quality CPVC resin that meets international standards.

The investment in the CPVC resin facility is a significant vote of confidence in the Indian market. It is also a sign that the Indian government is committed to promoting the growth of the plastics industry.

The facility is expected to create around 1,000 jobs during the construction phase and 200 jobs once it is operational. It is also expected to boost the growth of the downstream CPVC industry in India.

Here are some additional details about the project:

  • The project is being funded by Grasim and Lubrizol.
  • The facility is expected to cost around Rs. 1,000 crore.
  • The facility will be commissioned in 2024.
  • The facility will be located at Dahej SEZ in Gujarat.
  • The facility will have a capacity of 100,000 tonnes of CPVC resin per year.

The project is a significant development for the Indian plastics industry. It is the first CPVC resin facility in India and is expected to boost the growth of the downstream CPVC industry. The project is also expected to create jobs and boost the economy of Gujarat.


Leave a Comment