Chemplast Sanmar (CSL), a prominent maker of chemicals and associated goods, has set aside Rs 725 crore for capacity growth across categories over the next three years.
The firm is increasing suspension grade PVC capacity by 10% as it looks for possibilities across the suspension PVC value chain. Suspension PVC is expected to be a significant growth driver in the future. According to the company’s most recent annual report, this increased capacity is expected to be operational this quarter.
With an established capacity of 300 kilo tonnes per annum, the 5,892 crore Chennai-based firm is India’s second-largest maker of suspension PVC resin (ktpa). Its capacity utilisation is presently at 99 percent, and this business accounts for two-thirds of the company’s revenue.
