Chemplast Sanmar forms JV with France-based Kem One for chlorinated PVC

JV will invest Rs 325 crore to set up a chlorinated polyvinyl chloride (CPVC) plant in Puducherry

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Chemplast Sanmar facility

Rakesh Rao Mumbai

Last Updated : Mar 06 2017 | 4:06 PM IST

Chennai-based Chemplast Sanmar, one of the leading polyvinyl chloride (PVC) manufacturer in India, has formed a joint venture with French fim Kem One to set up a manufacturing facility for chlorinated polyvinyl chloride (CPVC) in Puducherry. With the JV, to be called Kem One Chemplast, will meet the growing demand for CPVC, a widely used material in building and construction sector, in the country.

The new facility, for which approvals are in the process of being obtained, will come up at Karaikal, Puducherry. The project, which is being set up at an estimated cost of Rs 325 crores, will have technology

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