Meghmani Finechem’s new CPVC manufacturing plant was developed with an investment of INR 190 crore. It would have a production capacity of about 30,000 TPA.
Meghmani Finechem Ltd. (MFL), a leading chemical manufacturer, has commissioned India’s largest Chlorinated Polyvinyl Chloride Resin (CPVC) plant at Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), Bharuch, Gujarat.
The new CPVC manufacturing unit was reportedly developed at an estimated cost of INR 190 crore. The unit will have a production capacity of approximately 30,000 tonnes per annum (TPA). It is said to be the only second-of-its-kind plant in India. CPVC is a unique kind of polyvinyl chloride (PVC) with added chloride. It is mainly used as a raw material by PVC pipes manufacturers many others operating in unorganised sectors.
The first plant of 10,000 TPA was established in Tamil Nadu by DCW Ltd. Mr. Maulik Patel, Chairman and Managing Director, MFL, asserts that India’s dependence on importing CPVC would reduce by approximately 20-22 percent with the commissioning of this plant. At present, about 95 percent of the requirements of CPVC resins are met through imports.
During his interaction with the media, Mr. Patel also stated that with the commissioning of this plant, the country’s production capacity would go up by about 40,000 TPA.
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MFL has a state-of-the-art fully automated production facility equipped to meet international standards in the manufacturing of caustic soda, caustic potash, chlorine, hydrogen, chloromethanes, hydrogen peroxide, epichlorohydrin, and CPVC resin.